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Centrifuge Expands Tokenized RWAs to Solana, Starting With $400M Treasury Fund

Solana is gaining momentum in the fast-growing tokenized real-world asset space as traditional finance and DeFi gets increasingly intertwined.

Updated May 23, 2025, 3:55 p.m. Published May 22, 2025, 6:18 p.m.
Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)
(Mae Mu/Unsplash)

What to know:

  • Centrifuge is expanding its tokenized asset services to the Solana blockchain, starting with Anemoy's $400 million tokenized U.S. Treasury fund.
  • The deJTRSY token will allow Solana users to earn yield from short-term Treasuries on platforms like Raydium, Kamino and Lulo.
  • This week, Solana Foundation partnered with bank-focused blockchain tech firm R3 to bring real-world assets to Solana, while Securitize-issued tokenized fund of Apollo credit assets is also being introduced to Solana-based DeFi protocols.

Tokenized asset platform Centrifuge said it's expanding services on the Solana blockchain, starting with the $400 million tokenized U.S. Treasury fund managed by Anemoy (JTRSY).

The expansion builds on Centrifuge’s token standard — dubbed "deRWA tokens" — that allows token holders to freely transfer and use tokenized instruments across decentralized finance (DeFi) protocols.

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In this case, the deJTRSY token can be swapped, lent, or used as collateral in, enables Solana users to earn yield from short-term Treasuries natively in Solana DeFi platforms, first on decentralized exchange Raydium, lending platform Kamino, and yield aggregator Lulo.

The rollout underlines Solana's growing momentum in the tokenized RWA space, a red-hot sector that aims to brings traditional financial instruments like bonds, funds and credit onto blockchain rails. It's a huge opportunity: Boston Consulting Group and Ripple projected that the tokenized asset market could reach $18.9 trillion by 2033.

This week, Solana Foundation partnered with bank-focused blockchain tech firm R3 to bring real-world assets to Solana, while Securitize-issued tokenized fund of Apollo credit assets is also being introduced to Solana-based DeFi protocols.

"Tokenizing assets is just the starting point," said Bhaji Illuminati, CEO of Centrifuge. "What truly matters is giving real-world assets utility onchain: making them usable across the DeFi stack from day one."

Read more: Major TradFi Institutions to Pursue Tokenization Efforts on Solana

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