Centrifuge Expands Institutional Assets to Monad
Summary
Centrifuge is bringing institutional-grade assets, including tokenized Treasurys and private credit from Apollo Global Management and Janus Henderson, to the Monad blockchain. This integration allows these assets, such as JTRSY and JAAA, to be utilized within the Monad ecosystem for lending, collateral, and secondary market activities through new, transferable token versions. By leveraging Monad's high-performance Layer 1 infrastructure, Centrifuge aims to expand the utility of real-world assets in onchain financial applications, enabling 24/7 access and instant settlement for institutional credit products.
(Source:Cointelegraph)