Janus Henderson Anemoy Treasury Fund

Janus Henderson Anemoy Treasury Fund is known for its JTRSY token, which represents on the blockchain shares in a fund that invests in US Treasury bills. The product is part of a collaboration between tokenized fund manager Anemoy, Janus Henderson, which contributes its asset management experience, and Centrifuge, which provides the technical infrastructure. JTRSY is available on networks such as Ethereum, Base, Avalanche, Plume and Monad.

Capital that investors transfer to the fund is placed in short-term US Treasury securities, and JTRSY is issued in return. The assets in the portfolio can be tracked on-chain through Centrifuge infrastructure. Tokens of this kind are used by decentralized finance protocols and institutional users seeking cash-like yields as a way to carry Treasury bill yields on-chain; indeed, JTRSY is also among the reserve assets of products such as Frax's frxUSD stablecoin.

JTRSY's dollar value depends on the fund's net asset value and changes as interest income accrues. US short-term interest rates, the fund's custody and redemption processes and regulation of tokenized securities are the main factors to watch. The price on the Lzzo.com page is DefiLlama's US dollar reference; the chart shows this provider's historical series.