Janus Henderson Anemoy Treasury Fund
Tokenized shares of a BVI professional fund holding 0–6 month US Treasury bills, with Janus Henderson as sub-manager. Runs on Centrifuge V3; subscriptions and redemptions are requests through ERC-7540 async vaults that the fund manager fills at NAV.
Risk rosette
Seven risks: the real asset, who you have to trust, and whether you can get out in time.
- Underlying AssetGreen
Short-dated government debt. No private borrower can cause a loss.
- Legal ClaimNot assessed
Not assessed yet. Bankruptcy remoteness, what the token legally is, and holder rights need a legal review.
- CounterpartiesGreen
Independent, regulated custodian and administrator, a recognized auditor, and no single point of failure.
- ControlRed
A single key can create new tokens.
- TransparencyGreen
Independently sourced, position-level data, refreshed at a pace that fits the asset, and verifiable.
- PricingRed
A single key types in the onchain price (manual pricing).
- ExitRed
The issuer can suspend redemptions at its discretion.
What can go wrong
Red findings first, then facts that aren't public, then yellow. 24 in total.
A single key can create new tokens.
ControlA single key types in the onchain price (manual pricing).
PricingThe issuer can suspend redemptions at its discretion.
ExitA single key can move tokens out of any wallet.
ControlThe onchain price is 20h 36m late.
PricingOnly allowlisted holders can redeem.
Exit
+18 more in the category tabs.
Legal Claim: not assessed yet. We don't yet judge bankruptcy remoteness or what the token legally gives holders. What we know →
Stage 0 · Disclosed
How much holders have to trust the issuer. Each stage builds on the last.
Stage 0 · Disclosed
- What the token holds is described publicly
- Issuer, custodian, administrator and auditor are named
- The legal structure is documented
- Smart contracts are verified onchain
Stage 1 · Protected
- Bankruptcy-remote structure · legal, not assessed yet
- Independent custodian and administrator
- Holdings independently verified, at a pace that fits the asset
- Admin powers held by a multisig, with a documented policy
- A documented redemption path
Stage 2 · Trust-minimized
- An independent trustee who can act for holders · legal, not assessed yet
- Holdings data that anyone can verify
- Admin changes behind a timelock, so holders can exit first
- An exit that works without the issuer's goodwill, and liquidators can hold the token
- Pricing from an independent source
Key facts
- Vehicle
- Segregated portfolio of a BVI segregated portfolio company (open-ended BVI professional fund)
- Jurisdiction
- British Virgin Islands (licensed by the BVI FSC)
- LEI
- 2549009CBJ86SM12V633 ✓ GLEIF
- Min. investment
- $500,000.00
- Who can hold
- Non-US professional investors
- Rated as
- T-bill or money market fund
- Token standard
- Custom
Service providers
- Custodian
- J.P. Morgan
- Fund administrator
- Trident Trust
- Auditor
- MHA Cayman
- Transfer agent
- Trident Trust
- Holdings reporting
- Chronicle Proof of Asset (Chronicle Labs)
Deployments
EVM deployments we track, with the worst power found on each.