Centrifuge has integrated Symbiotic's Liquid Lane across three tokenized funds from Janus Henderson and New York Life Investment Management, representing $1.6 billion in assets under management. The integration covers Janus Henderson's JAAA, an AAA-rated CLO strategy, and JTRSY, a short-duration Treasury strategy, plus NYLIM's HYB, a high-yield corporate bond strategy. Eligible holders can now redeem positions for USDC instantly through an on-chain request-for-quote marketplace, bypassing the funds' standard redemption timelines.
Symbiotic's Liquid Lane operates as an RFQ marketplace where market makers tap liquidity vaults to fulfill redemption requests. After acquiring fund tokens through the marketplace, market makers can redeem directly with the issuer or resell via another RFQ transaction on the Symbiotic network.
By December 2025, Centrifuge had attracted $1.3 billion in new inflows, primarily from the two Janus Henderson funds. JAAA alone held approximately $1 billion in TVL and ranked among the largest tokenized funds in the market, according to Token Terminal.
Centrifuge previously partnered with Wintermute in February 2025 to provide 24/7 instant redemptions for JTRSY. HYB, which launched in June, established a separate liquidity arrangement for near-instant redemptions.
Felix Lutsch, Symbiotic's head of ecosystem, said Liquid Lane's distinction lies in its capital structure. "The marketplace facilitates participation from multiple market makers and curators without requiring them to pre-fund and carry inventory for individual assets," Lutsch said.
Low trading volumes in tokenized assets have historically offered market makers little incentive to commit capital. Aggregating redemption demand across issuers and asset classes enhances the economic viability for market makers and supports the use of tokenized funds as collateral and financing assets within on-chain markets.
