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      Centrifuge's JAAA Tokenized Fund Achieves 47% Utilization in DeFi

      Centrifuge's JAAA tokenized fund has reached approximately 47% utilization, reflecting its increasing integration across decentralized finance (DeFi) protocols and liquidity providers. This milestone indicates how effectively the tokenized product is being utilized within these channels, with DefiLlama reporting a total utilization rate of 47.6%.

      The JAAA token is linked to the Janus Henderson Anemoy AAA CLO Fund, providing investors with exposure to AAA-rated tranches of collateralized loan obligations (CLOs). Since its launch between May and July 2025, the fund has processed over $717 million in redemptions from 93 separate orders, typically settling within one to two days. The fund's assets under management have fluctuated between approximately $585 million and $687 million, down from a peak exceeding $1 billion.

      Recent developments include the use of JAAA as collateral on Aave Horizon, where a proposal is being considered to increase its loan-to-value ratio from 81% to 87%. This change would enhance borrowing power for users, allowing for greater capital efficiency. The proposal's success could indicate a growing acceptance of tokenized AAA credit as collateral in the DeFi space, although it also raises concerns about the risks associated with increased leverage.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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