Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Centrifuge has added Symbiotic’s liquidity community throughout three tokenized funds that signify about $1.6 billion in property beneath administration, giving eligible holders one other path to change their positions for $USDC.
The combination covers Janus Henderson’s JAAA, an AAA-rated collateralized mortgage obligation technique, JTRSY, a short-duration US Treasury technique and New York Life Funding Administration’s HYB, a US high-yield company bond technique.
Symbiotic’s Liquid Lane makes use of an onchain request-for-quote (RFQ) market the place market makers can faucet liquidity from vaults to fill redemption requests. Market makers can then redeem the acquired fund tokens by means of the issuer or promote them by means of one other RFQ transaction.
The association permits traders to obtain $USDC instantly whereas the funds’ regular redemption can happen individually.
Centrifuge is an asset tokenization and vault platform the place asset managers situation and handle tokenized funds. Janus Henderson, a worldwide asset supervisor with about $500 billion in property beneath administration, has been a major contributor to the platform’s development by means of its JAAA and JTRSY merchandise.
By December 2025, Centrifuge had attracted about $1.3 billion in new inflows, pushed primarily by the 2 Janus Henderson funds, in line with Token Terminal. JAAA alone had contributed about $1 billion in whole worth locked and was one of many largest tokenized funds out there.
Symbiotic joins present liquidity routes
Liquid Lane shouldn’t be the primary liquidity route obtainable for Centrifuge’s tokenized funds, Felix Lutsch, Symbiotic’s head of ecosystem, instructed Cointelegraph.
“We’re not claiming to be first, and different liquidity routes exist. That’s wholesome for the market,” Lutsch stated.
Centrifuge introduced a partnership with Wintermute in February 2025 to supply 24/7 on the spot redemptions for JTRSY. HYB launched in June with a separate liquidity association for near-instant redemptions.
Lutsch stated the excellence with Liquid Lane is the capital construction behind the transactions fairly than their velocity. Its market permits a number of market makers and curators to take part with out market makers having to pre-fund and carry stock for particular person property, he stated.
“The larger constraint has been movement,” Lutsch stated, including that low buying and selling volumes in tokenized property have traditionally given market makers little incentive to commit capital.
He stated aggregating redemption demand throughout issuers and asset lessons might enhance these economics as tokenized funds are more and more used as collateral and financing property in onchain markets.
