Three Centrifuge tokenized funds — JAAA, JTRSY and HYB — went live on Circle's Arc blockchain on Oct. 1, Arc and Centrifuge confirmed in separate social media posts, extending the platform's distribution of U.S. Treasury and credit strategies.

The three fund pages list USDC on Arc as an investment option and link to Arc token contracts. The immediate offering is direct access to fund shares for eligible investors; all three products are restricted to non-U.S. professional investors.

What do the three funds hold?

• JTRSY holds short-term U.S. Treasury bills
• JAAA holds AAA-rated collateralized loan obligations, debt securities backed by pools of corporate loans
• HYB feeds into a Luxembourg high-yield corporate bond fund

JTRSY and JAAA are shares in British Virgin Islands professional funds issued by Anemoy Capital SPC, with Janus Henderson Investors acting as sub-investment manager. Their stated minimum investment is $500,000 each.

HYB, the NYLIM Anemoy High Yield Corporate Bond fund, delegates portfolio management to MacKay Shields. Its stated minimum is 100,000 USDC.

How large are the funds?

The fund pages displayed approximately $585.5 million in assets under management for JAAA, $344 million for JTRSY and $638,000 for HYB when viewed on Oct. 2. Centrifuge clarified that those figures are fund-wide, not balances deployed on Arc.

What about collateral use?

Collateral integration is a separate question. Arc said the assets "may expand the collateral and yield surface for builders," but neither project's announcement identifies an Arc lending market accepting the tokens. Centrifuge's JAAA page lists collateral integrations with Aave Horizon and Morpho on Ethereum, not on Arc.

How does investor access work across chains?

Centrifuge's investor documentation states that product membership approvals are granted per network; approval on one chain does not carry over to another. Moving a fund to Arc therefore does not remove its investor-access requirements.

The expansion builds on an existing multichain rollout. Centrifuge's July recap said JTRSY and JAAA were already live on Monad. Its documentation describes a model in which investors select a supported network while accessing the same offering at a consistent token price across chains.

What's the broader market context?

Arc opened its public mainnet on Sept. 16, with transaction fees paid in USDC. Circle's launch announcement already named Janus Henderson and New York Life Investment Management — in partnership with Centrifuge — among its tokenized-asset participants. The launch lineup also included USYC and BUIDL, with Aave and Morpho anchoring credit markets.

The Arc deployment leaves open whether Aave and Morpho's existing credit markets will eventually integrate Arc-native fund tokens. With USDC serving as the gas token, direct subscription in tokenized funds aligns natively with network fees, and any lending-market integration would determine whether the new deployment produces incremental on-chain credit demand before the next institutional reporting cycle.