Centrifuge Integrates Symbiotic's Liquid Lane Across $1.6B in Tokenized Funds

Centrifuge has integrated Symbiotic's Liquid Lane liquidity network across three tokenized funds, representing around $1.6 billion in assets under management.

The integration covers Janus Henderson's JAAA and JTRSY funds, as well as New York Life Investment Management's HYB fund.

Liquid Lane uses an on-chain request-for-quote (RFQ) marketplace where market makers can tap liquidity from vaults to fill redemption requests.

Centrifuge is an asset tokenization platform where asset managers issue and manage tokenized funds, with Janus Henderson being a significant contributor through its JAAA and JTRSY products.

Symbiotic's head of ecosystem, Felix Lutsch, said that the arrangement allows investors to receive USDC immediately while the funds' normal redemption can take place separately.