Centrifuge Partners with Chronicle for Anemoy Liquid Treasury Fund

Centrifuge, the decentralized finance capital management platform, is partnering with oracle provider Chronicle to enhance transparency for the recently launched Anemoy Liquid Treasury Fund. The real-time data network Chronicle will provide price updates and third-party verification to improve insight into the on-chain fund’s portfolio and fund flows.

Anemoy, built in 2023 on the Ethereum- and Polkadot-compatible Centrifuge public blockchain, recently engaged Janus Henderson, an asset manager with over $360 billion in assets under management, to manage its compliance-focused tokenized U.S. Treasurys fund, co-founders Anil Sood and Martin Quensel told The Block in an interview.

“Our partnership with Centrifuge and Anemoy demonstrates how decentralized oracles can bring a new level of trust and transparency to real-world assets,” said Nik Kunkel, founder of Chronicle. He added that the Ethereum-based oracle provides an “unopinionated, verifiable view” into the fund’s performance.

Moody’s recently assigned Anemoy’s Liquid Treasury Fund the highest-ever tokenized Treasurys rating: Aa-bf, which is the second highest rating on its scale. The rated bond funds are composed of assets “judged to be of high credit quality,” according to the rating agency’s standards.

Quensel mentioned, “We actually didn’t know that the structure we have chosen [for LTF] is exactly the structure BlackRock would use for its BUIDL token two months later — that was a positive surprise and a good coincidence.” The fund offers exposure to short-term US Treasury bills and is managed on the Anemoy subsidiary platform Tabula.

Anemoy, named after minor Greek gods of wind (spelled Anemoi), supports the entire lifecycle of on-chain asset management, including origination, tokenization, securitization, management, and distribution.

Its partnership with Janus marks the U.K. financial giant’s first step into the crypto industry, following experimental initiatives with real-world assets from rival money managers like BlackRock, Franklin Templeton, and WisdomTree.

U.K.-based asset broker and custodian Archax recently included Anemoy’s Liquid Treasury Fund in its primary digital securities exchange platform.