Under active development. We're continuously fixing and improving the metrics and parameters, so scores and ratings may change. See changelog

RWABeat

Janus Henderson Anemoy AAA CLO Fund

Tokenized shares of a BVI segregated portfolio holding AAA-rated CLO tranches, with Janus Henderson as sub-manager. Runs on the same Centrifuge V3 deployment as JTRSY. The same single wallet that sets JTRSY's price sets JAAA's NAV. That role used to be a 3-of-8 Safe. Subscriptions and redemptions are requests through ERC-7540 vaults. Solana and Stellar supply is backed by Ethereum escrows and is already inside the Ethereum figure. Plume, Monad and other non-tracked chains are not read.

Private creditNon-US professional investors onlyTransfer-restrictedOnchain dataIssued by Anemoy Asset Management Limited · Platform Centrifuge
Value
$567.9M
Stage
Stage 0
Disclosed
Single-key powers
114
Single key holds critical power
Oracle age
32h
Late
Used as DeFi collateral
$42.3M· 1 markets

Risk rosette

Seven risks: the real asset, who you have to trust, and whether you can get out in time.

Underlying Asset: Yellow. 97.7% is private credit or other risk assets, so losses depend on borrowers paying back.Legal Claim: Not assessed. Not assessed yet. Bankruptcy remoteness, what the token legally is, and holder rights need a legal review.Counterparties: Green. Independent, regulated custodian and administrator, a recognized auditor, and no single point of failure.Control: Red. A single key can create new tokens.Transparency: Green. Independently sourced, position-level data, refreshed at a pace that fits the asset, and verifiable.Pricing: Red. A single key types in the onchain price (manual pricing).Exit: Red. The issuer can suspend redemptions at its discretion.

What can go wrong

Red findings first, then facts that aren't public, then yellow. 30 in total.

  1. A single key can create new tokens.

    Control

  2. A single key types in the onchain price (manual pricing).

    Pricing

  3. The issuer can suspend redemptions at its discretion.

    Exit

  4. A single key can move tokens out of any wallet.

    Control

  5. 97.7% is private credit or other risk assets, so losses depend on borrowers paying back.

    Underlying Asset

  6. The onchain price is 8h 30m late.

    Pricing

+24 more in the category tabs.

Legal Claim: not assessed yet. We don't yet judge bankruptcy remoteness or what the token legally gives holders. What we know →

Stage 0 · Disclosed

How much holders have to trust the issuer. Each stage builds on the last.

About stages

Stage 0 · Disclosed

  • What the token holds is described publicly
  • Issuer, custodian, administrator and auditor are named
  • The legal structure is documented
  • Smart contracts are verified onchain

Stage 1 · Protected

  • Bankruptcy-remote structure · legal, not assessed yet
  • Independent custodian and administrator
  • Holdings independently verified, at a pace that fits the asset
  • Admin powers held by a multisig, with a documented policy
  • A documented redemption path

Stage 2 · Trust-minimized

  • An independent trustee who can act for holders · legal, not assessed yet
  • Holdings data that anyone can verify
  • Admin changes behind a timelock, so holders can exit first
  • An exit that works without the issuer's goodwill, and liquidators can hold the token
  • Pricing from an independent source

Key facts

Vehicle
Segregated portfolio of a BVI segregated portfolio company (open-ended BVI professional fund)
Jurisdiction
British Virgin Islands (licensed by the BVI FSC)
LEI
2549009CBJ86SM12V633 ✓ GLEIF
Min. investment
$500,000.00
Who can hold
Non-US professional investors
Rated as
Short-duration credit
Token standard
Custom

Service providers

Custodian
J.P. Morgan
Fund administrator
Trident Trust
Auditor
MHA Cayman
Transfer agent
Trident Trust
Holdings reporting
Chronicle Proof of Asset (Chronicle Labs)

Deployments

EVM deployments we track, with the worst power found on each.

ChainTokenSupplyControlUpgrade path
Ethereum0x5a0F…cf64$280.5MRedNot upgradeable
Base0x5a0F…cf64$22.8MRedNot upgradeable
Avalanche0x58f9…3b6b$263.5MRedNot upgradeable
Arbitrum0x58f9…3b6b$3.7KRedNot upgradeable
BNB Chain0x58F9…3B6b$1.0MRedNot upgradeable