RockawayX portfolio company Centrifuge, a leading platform for tokenized real-world assets (RWAs), has announced the expansion of its services to the Solana blockchain, kicking off with a $400 million tokenized U.S. Treasury fund managed by Anemoy. Unveiled on May 22, 2025, this move introduces institutional-grade financial instruments to Solana’s high-performance DeFi ecosystem, enabling users to earn yield natively from short-term Treasuries across protocols, starting with Raydium, Kamino, and Lulo.
The launch leverages Centrifuge’s proprietary “deRWA” token standard, designed to make tokenized assets freely transferable and composable across DeFi platforms. The first token, deJTRSY, represents Anemoy’s $400 million Treasury fund (JTRSY) and can be traded, lent, or used as collateral, bringing TradFi instruments to Solana’s permissionless capital markets.
The deJTRSY token enables Solana users to earn stable, low-risk yields from short-term Treasuries natively on Solana DeFi platforms, where it can be swapped, lent, or used as collateral. It is initially available on decentralized exchange Raydium, lending platform Kamino, and yield aggregator Lulo, ensuring full composability for diverse DeFi strategies.
A Growing Ecosystem for RWAs
Centrifuge’s move is part of a broader wave of RWA adoption on Solana. The Solana Foundation’s partnership with R3 and Securitize’s Apollo credit fund integration signal growing institutional interest. Nick Ducoff, head of institutional growth at Solana Foundation, emphasized: “Real-world assets are a critical part of making DeFi more relevant to the real economy. Freely transferable tokens make it possible.”
Centrifuge plans to expand its RWA offerings, with CEO Bhaji Illuminati hinting at a higher-yielding investment-grade product launching soon. The company, which has raised over $27 million across five funding rounds, is also exploring Ethereum Virtual Machine (EVM) support to meet ecosystem demand, building on its recent Wormhole partnership for multichain tokenization.
Centrifuge expects deeper RWA integration across Solana’s ecosystem over the next six to twelve months, with protocols adopting direct collateral support and new DeFi building blocks for institutional onboarding.
As Solana cements its role as a hub for tokenized assets, Centrifuge’s launch of deJTRSY positions it at the forefront of this transformative new era in on-chain finance.
