Centrifuge Integrates Apollo and Janus Henderson Credit Assets on Monad Blockchain

Centrifuge has announced the integration of institutional-grade credit products onto the Monad blockchain, marking the first time such assets are available on the high-performance Layer 1 network. The move is designed to bridge the gap between traditional finance and decentralized applications by providing 24/7 access to institutional credit. The integration brings tokenized offerings from Apollo Global Management and Janus Henderson, specifically including JTRSY (Treasurys), JAAA (AAA-rated CLOs), and ACRDX (private credit). Investors hold onchain fund shares representing direct claims on the underlying assets, which also support in-kind redemptions. To enhance utility within the Monad ecosystem, Centrifuge is introducing freely transferable versions of these assets—deJTRSY, deJAAA, and deCRDX. These tokens are specifically designed for use in lending protocols, as collateral, and for secondary market trading, allowing developers to integrate institutional credit into liquidity strategies. This expansion occurs as the real-world asset (RWA) market continues to scale, with roughly $30 billion in assets now onchain. Centrifuge currently manages eight assets with a total value locked (TVL) of approximately $1.76 billion, with the majority of its activity concentrated on Ethereum. The initiative aligns with a broader industry trend of tokenizing traditional securities. Recent similar moves include Securitize's partnership with the New York Stock Exchange to develop a blockchain-based trading platform and Franklin Templeton's collaboration with Ondo Finance to bring ETFs onchain.