Centrifuge Launches $400M Tokenized Fund in Solana Ecosystem
- Centrifuge launched the JTRSY fund with assets under management valued at $400 million.
- The fund’s shares are accessible via deJTRSY tokens, which can be traded or used as collateral.
- The initiative integrates deRWA tokens into Solana’s DeFi protocols like Raydium and Kamino Finance.
- The fund invests primarily in short-term U.S. Treasury bills (T-bills).
- Future expansions may include additional RWA products within the Solana ecosystem.
Centrifuge has introduced a $400 million tokenized fund, JTRSY, within the Solana ecosystem, allowing for trading and collateral use of deJTRSY tokens while integrating with DeFi protocols such as Raydium and Kamino Finance.
Source (2.6)https://hodl.press/centrifuge-expands-400m-tokenized-fund-into-solana-ecosystem/?rand=24434