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Centrifuge Expands Institutional Assets to Monad

Cointelegraph
Centrifuge is integrating tokenized Apollo and Janus Henderson credit assets onto the Monad blockchain to enhance onchain institutional financial services.

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)