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Deployments · Centrifuge · platform by Centrifuge

Janus Henderson Anemoy Treasury Fund (JTRSY)Updated 28 Oct 2026

A BVI-licensed on-chain fund holding short-dated US Treasury bills, issued by Anemoy on Centrifuge and managed day to day by Janus Henderson as sub-adviser. Subscriptions are limited to whitelisted wallets. It was the first tokenised fund to receive an AA+f rating from S&P (upgraded to AAAf in early 2026), and is issued on more than eight chains, though most supply sits on Ethereum. It passed $1 billion in early 2026 before falling back to about $345 million; since mid-2026 Grove Basin has offered round-the-clock instant redemptions into USDC, and M0 accepts it as stablecoin collateral.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (scaled) since 2025[3] — About $345 million on chain in October 2026, down from a peak above $1 billion in Q1 2026. · Reviewed 21d ago

Assets
Fund interest[5]
Fund shares issued on chain; fund holds short-dated Treasury bills
Networks
Ethereum Public, permissionless[3]
Base Public, permissionless[3]
Stellar Public, permissionless[3]
Monad Public, permissionless[3]
BNB Chain Public, permissionless[3]
Plume Public, permissionless[3]
Arbitrum Public, permissionless[3]
Avalanche Public, permissionless[7]
Celo Public, permissionless[3]
Listed on rwa.xyz with zero supply in October 2026.
Use cases
Primary issuance[5]Fund subscription and redemption[3]
Jurisdictions
British Virgin Islands

Participants

Assets

Data feeds

  • Fund NAVChainlink LabsNAVLink (SmartData)Ethereum, BNB Chain[1][2]JTRSY NAV feed listed with issuer Centrifuge / Anemoy and the asset manager as data source; a JTRSY NAV feed is also listed on BNB Chain.

Metrics

  • $344.78mAssets under management · as of 11 Oct 2026[3]
    On-chain via rwa.xyz.
  • ~$326.4mAssets on Ethereum · as of 11 Oct 2026 · on Ethereum[3]
    On-chain via rwa.xyz: 291.8 million tokens at about $1.12.
  • ~$7.15mAssets on Base · as of 11 Oct 2026 · on Base[3]
    On-chain via rwa.xyz; supply times price.
  • ~$5.09mAssets on Stellar · as of 11 Oct 2026 · on Stellar[3]
    On-chain via rwa.xyz; supply times price.
  • ~$4.56mAssets on Monad · as of 11 Oct 2026 · on Monad[3]
    On-chain via rwa.xyz; supply times price.
  • ~$1.01mAssets on BNB Chain · as of 11 Oct 2026 · on BNB Chain[3]
    On-chain via rwa.xyz; supply times price.
  • 30 holdersToken holders · as of 11 Oct 2026[3]
    On-chain via rwa.xyz.
  • over $1bnValue locked · as of Q1 2026context[9]
    Peak reported by Centrifuge during Q1 2026; superseded by later on-chain figures
  • $344.41mAssets under management · as of 18 Oct 2026[8]
    On-chain via rwa.xyz; NAV about $1.119 per token.
  • ~$326.62mAssets on Ethereum · as of 18 Oct 2026 · on Ethereum[8]
  • ~$6.56mAssets on Base · as of 18 Oct 2026 · on Base[8]
  • ~$5.09mAssets on Stellar · as of 18 Oct 2026 · on Stellar[8]
  • ~$4.57mAssets on Monad · as of 18 Oct 2026 · on Monad[8]
  • ~$1.02mAssets on BNB Chain · as of 18 Oct 2026 · on BNB Chain[8]
  • ~$555,593Assets on Plume · as of 18 Oct 2026 · on Plume[8]
  • 31 holdersToken holders · as of 18 Oct 2026[8]
    On-chain via rwa.xyz.

Timeline

  1. Happened Q3 2026 (month only) · Scope expansion · recorded 18 Oct 2026
    M0 accepts JTRSY as collateral for stablecoins on its network, Grove Basin's instant redemption capacity reaches $100 million a day, and Janus Henderson starts a vault for SMT's loyalty-programme reserves that allocates to JTRSY.[11]
  2. Happened Q2 2026 (month only) · Scope expansion · recorded 18 Oct 2026
    Grove Basin commits a $1 billion facility for 24/7 instant redemptions of JTRSY into USDC; JTRSY also goes live on Monad and is distributed through the Grvt app.[10]
  3. Happened Q1 2026 (month only) · Volume milestone · recorded 18 Oct 2026
    JTRSY passes $1 billion in value locked, and S&P upgrades its fund credit rating to AAAf with the S1+ volatility rating affirmed.[9]
  4. Happened 28 Jul 2025 · Participant joined · recorded 11 Oct 2026
    Grove launches on Avalanche targeting about $250 million in tokenised assets starting with JTRSY and JAAA.[7]
  5. Happened Mar 2025 (month only) · Production milestone · recorded 11 Oct 2026
    S&P Global assigns the fund an AA+f / S1+ rating.[6]
  6. Happened 13 Sep 2024 · Participant joined · recorded 11 Oct 2026
    Janus Henderson agrees to manage Anemoy's Liquid Treasury Fund on Centrifuge as sub-adviser; the fund later takes the JTRSY name.[5]

Sources

  1. [1]Chainlink data feeds directory: Ethereum mainnet (machine-readable feed list behind data.chain.link) — Chainlink. Accessed 16 Oct 2026. Provider's own feed directory; JSON with no page headline, so the title is descriptive. Each entry names the feed, its proxy contract and, for SmartData feeds, the issuer and data source..B
  2. [2]Chainlink data feeds directory: BNB Chain (machine-readable feed list behind data.chain.link) — Chainlink. Accessed 16 Oct 2026. Provider's own feed directory; JSON with no page headline, so the title is descriptive. Each entry names the feed, its proxy contract and, for SmartData feeds, the issuer and data source..B
  3. [3]JTRSY asset page — RWA.xyz. Accessed 11 Oct 2026.A
  4. [4]JTRSY asset page (service provider listing) — RWA.xyz. Accessed 11 Oct 2026.C
  5. [5]Janus Henderson to Partner with Anemoy and Centrifuge on Its First Tokenized Fund — Janus Henderson, 13 Sep 2024. Accessed 11 Oct 2026.B
  6. [6]Janus Henderson Anemoy Treasury Fund receives highest tokenized fund rating — Janus Henderson, Mar 2025. Accessed 11 Oct 2026.B
  7. [7]Grove Finance launches on Avalanche with USD250m target investment — Avalanche, 28 Jul 2025. Accessed 11 Oct 2026.B
  8. [8]JTRSY asset page — RWA.xyz. Accessed 18 Oct 2026. Figures read from the page's embedded JSON (__NEXT_DATA__) on 18 Oct 2026..A
  9. [9]Q1 2026 at Centrifuge: JTRSY Crosses $1B, deSPXA Goes Live — Centrifuge, 28 Apr 2026. Accessed 18 Oct 2026.B
  10. [10]Q2 2026 at Centrifuge: NYLIM Comes Onchain, Coinbase and Ethena select Centrifuge as Infrastructure — Centrifuge, 23 Jul 2026. Accessed 18 Oct 2026.B
  11. [11]Q3 2026 at Centrifuge: Janus Henderson Institutional Vaults, HYB Expansion, and CP172 — Centrifuge, 14 Oct 2026. Accessed 18 Oct 2026.B
  12. [12]JTRSY asset page (service providers) — RWA.xyz. Accessed 28 Oct 2026. Service-provider metadata on the RWA.xyz asset page; RWA.xyz data, not an issuer document..C

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