Symbiotic adds USDC liquidity to Centrifuge tokenized funds
Symbiotic integrated its Liquid Lane liquidity network across three Centrifuge tokenized funds — Janus Henderson's JAAA and JTRSY and New York Life Investment Management's HYB — covering about $1.6 billion in assets under management. The onchain RFQ marketplace lets market makers tap liquidity from vaults to fill redemption requests, then redeem through the issuer or sell via another RFQ, enabling eligible holders to receive USDC immediately while normal redemptions complete later. The step adds another liquidity route alongside Wintermute and could improve market maker economics by aggregating flow across issuers and asset classes.
Eligible holders can receive immediate USDC from three tokenized funds.
Context
Centrifuge lets managers issue tokenized funds onchain. Janus Henderson and NYLIM issued the covered funds. Next, more issuers or market makers could join to widen instant liquidity.
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