Centrifuge Launches Tokenized Credit Funds on Circle’s Arc Network

Centrifuge has launched three tokenized fixed-income funds on Circle’s Arc network, expanding the platform’s offerings to include short-duration US Treasuries, AAA-rated collateralized loan obligations (CLOs), and high-yield corporate bonds. The funds, JTRSY, JAAA, and HYB, mark an early step in bringing tokenized fund interests to Arc, a blockchain designed for stablecoin payments, tokenized assets, and capital-markets activity.

The deployment tests whether investors can access fixed-income strategies onchain and evaluates Arc’s design for using regulated, yield-bearing tokenized assets as collateral in financial applications. Circle’s Arc network, launched on September 16, 2026, aims to support stablecoin-native payments and tokenized assets, with asset managers like Janus Henderson and New York Life Investment Management (NYLIM) collaborating with Centrifuge to bring these products to life.

JTRSY offers exposure to short-duration US Treasuries, while JAAA is tied to AAA-rated CLOs. HYB provides high-yield corporate bond exposure and is notable as NYLIM’s first tokenized fund. The tokens for JTRSY and JAAA carry direct claims on the underlying assets and offer in-kind redemption rights, though details for HYB are less specific. Circle’s announcement did not provide asset levels, trading volumes, or collateral-usage figures for the individual funds.

The launch positions Arc as a network where tokenized funds can serve as composable collateral for trading, lending, and other financial applications. However, the success of this model will depend on adoption by applications and market participants. For now, the deployment adds three distinct fixed-income products to Arc, with JTRSY and JAAA offering documented direct-claim and in-kind-redemption features.