A AAA-rated collateralized loan obligation fund, the kind of instrument that pension funds and insurance companies typically hoard, is now living on a blockchain and backing stablecoins. Centrifuge has tokenized Janus Henderson’s Anemoy AAA CLO fund as JAAA, and it’s already being plugged into DeFi infrastructure through Aave Horizon.
JAAA has been integrated as leveraged collateral by Resolv, with up to $100 million deployed on Aave Horizon as of February 26. That makes it one of the larger institutional deployments of real-world assets into a blockchain environment to date.
From Wall Street plumbing to DeFi rails
CLOs are bundles of corporate loans sliced into tranches by risk. The AAA tranche sits at the very top of the credit quality stack, meaning it gets paid first and carries the lowest default risk.
Aave Horizon launched with JAAA as one of its RWA collateral options specifically designed for institutional stablecoin borrowing. The setup allows PrimeUSD to integrate AAA-rated credit directly into a stablecoin vault, creating a bridge between traditional credit markets and on-chain liquidity.
