Asset manager Janus Henderson Investors will enter into a partnership with Anemoy and Centrifuge to manage Anemoy’s Liquid Treasury Fund (LTF), a fully on-chain, tokenized fund issued on Centrifuge’s public blockchain that provides investors with direct access to short-term US treasury bills.

The asset manager will be serving as a sub-adviser to the LTF, managing the fund’s day-to-day operations and portfolio through Tabula, a wholly owned subsidiary.

Blockchain readiness and tokenization are key pillars underpinning Janus Henderson’s innovation strategy, the company points out, and the decision to partner with Anemoy and Centrifuge in this way reflects the firm’s commitment to digital assets and its desire to embrace disruptive financial technologies.

As the LTF will be tokenized using Centrifuge’s blockchain technology, this will enable it to be distributed to over US$170 billion in idle capital on-chain. Anemoy, which owns the fund, plays a vital role at the intersection of traditional and decentralized finance, acting as a strategic conduit for Janus Henderson’s successful entry into this digital space.

Nick Cherney, the asset manager’s head of innovation, notes: “This collaboration represents a significant step forward in bridging traditional and decentralized finance by bringing robust institutional collateral pools into decentralized autonomous organization and stablecoin ecosystems.”