Janus Henderson Anemoy Treasury Fund

JTRSY·1.09

Janus Henderson Anemoy Treasury Fund (JTRSY) - Complete Fundamental Analysis

By CoinStats AI

02 Feb, 2026 18:30

What is Janus Henderson Anemoy Treasury Fund (JTRSY) crypto?

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Janus Henderson Anemoy Treasury Fund (JTRSY) Cryptocurrency

Core Definition and Technology

Janus Henderson Anemoy Treasury Fund is a regulated, fully onchain actively managed fund for direct access to <6 month US Treasury Yield. The fund is a tokenized British Virgin Islands (BVI) professional fund, licensed by the British Virgin Islands Financial Services Commission (FSC), and open to non-US Professional Investors.

Core Technology and Blockchain Architecture

Fund share issuance follows the proposed 7540 standard, an extension of the ERC-4626 standard which issues ERC-20 tokens. The fund has a multichain architecture whereas fund tokens are issued on Ethereum, Base, Arbitrum, and Celo. The fund is a fully on-chain, tokenized fund issued on Centrifuge's public blockchain.

S&P Global Ratings noted that "the tokenization setup is operationally resilient" and "Ethereum is a highly decentralized blockchain with a strong track record of operational resilience."

Primary Use Cases and Real-World Applications

The fund solely invests in and holds short-term U.S. Treasury Bills (T-bills) with a remaining maturity of 0 to 3 months to offer minimized price and duration risks in combination with daily liquidity and money market returns. The fund balances monthly, offers daily redemptions, holds US T-Bills with a max maturity of 6-months, and focuses on maximizing interest rates and minimizing price and duration risks.

The fund merges portfolio transparency, onchain settlement, multi-chain access, composability and low-fees with low-risk, high liquidity yields. Investments and redemptions are processed in USDC stablecoins.

Founding Team, Key Developers, and Project History

Anemoy serves as the asset management arm of Centrifuge, founded in 2023 by co-founders Martin Quensel and Anil Sood, and was established with a clear mission to advance Centrifuge's efforts in developing RWA products tailored specifically for bridging the TradFi and DeFi worlds.

Anemoy was started by the Centrifuge founder who brings years of experience building regulated and composable products, working with the DeFi heavyweights like MakerDAO and Aave. In February, the Anemoy Liquid Treasury Fund (LTF) was renamed Janus Henderson Anemoy Treasury Fund (JTRSY) to highlight the growing partnership between the two firms, as Janus Henderson became sub-investment manager of the fund in 2024.

Janus Henderson Investors is the sub-Investment Manager of the Fund. As of December 31, 2024, Janus Henderson had approximately US$379 billion in assets under management, more than 2,000 employees, and offices in 25 cities worldwide.

Tokenomics: Supply, Distribution, and Mechanics

Token Supply is 424,505,878.53 with a Circulating Supply of 424,505,878.53. The token represents an ownership share in the fund structure. The token represents an ownership share in the Fund and is prima facie evidence of ownership under BVI law in the same way as a share certificate would be.

The fund has a 7D APY of 2.77% and 30D APY of 3.15%, with a Management Fee of 0.25% and Performance Fees of 0%. The Total Value is $463,332,995 with a NAV of $1.09.

Consensus Mechanism and Network Security Model

The fund operates on the Centrifuge protocol infrastructure rather than traditional consensus mechanisms. The fund utilizes a public blockchain with permissioned access controls and limits subscriptions to investors with whitelisted wallets to mitigate operational and compliance risks that have previously hindered widespread institutional adoption of tokenized funds.

The fund is approved and regulated by the BVI Financial Services Commission (BVI FSC), and Anemoy works with an independent prime broker, custodian, tokenization and issuance and fund admin service providers.

Key Partnerships and Ecosystem Integrations

The Janus Henderson Anemoy Treasury Fund (JTRSY) has been assigned an AA+f / S1+ fund credit quality rating from S&P Global Ratings, which is the highest rating given to any tokenized fund and the second highest rating that S&P awards. This milestone, combined with the fund's existing ratings from Moody's and Particula, establishes a new benchmark for tokenized fund quality and sophistication, making it the most-rated tokenized fund to date.

Centrifuge, the decentralized finance capital management platform, is partnering with oracle provider Chronicle to enhance transparency for the recently launched Anemoy Liquid Treasury Fund, with the real-time data network Chronicle providing price updates and third-party verification.

The selection process began in September 2024 and has been described as the most rigorous request for proposals (RFP) conducted in the digital asset space, with the proposal selected from nearly 40 applicants, including many of the largest traditional and digital asset managers.

Competitive Advantages and Unique Value Proposition

Investors will have the ability to view their holdings and returns, and overall fund composition via Centrifuge in near real-time, which can be further verified onchain. T-bills are held directly by the Fund and Asset Under Management (AUM) can be checked onchain.

The fund will be tokenized using Centrifuge's blockchain technology, which enables it to be distributed to over $170 billion in idle capital on-chain. The synergy between Tabula's specific investment tools, Centrifuge's on-chain infrastructure, Anemoy's DeFi roots, and Janus Henderson's 90-year track record of financial expertise brings traditional investment products to on-chain capital markets.

Current Development Activity and Roadmap Highlights

Anemoy introduced SPXA, the first licensed S&P 500 Index Fund token, built with Centrifuge's Proof-of-Index infrastructure and S&P DJI benchmarks, and managed with Janus Henderson, launching on Base with FalconX as anchor investor and Wormhole enabling future multichain expansion.

Anemoy's fund suite includes the Janus Henderson Anemoy Treasury Fund, Janus Henderson Anemoy AAA CLO Fund, Anemoy Tokenized Apollo Diversified Credit Fund, and Janus Henderson Anemoy S&P500® Fund.

Sources:

Is Janus Henderson Anemoy Treasury Fund (JTRSY) a good investment?

Janus Henderson Anemoy Treasury Fund (JTRSY) - Investment Analysis

Fund Overview

The Janus Henderson Anemoy Treasury Fund is a regulated, fully onchain actively managed fund for direct access to <6 month US Treasury Yield. It is a tokenized British Virgin Islands (BVI) professional fund, licensed by the British Virgin Islands Financial Services Commission (FSC), and open to non-US Professional Investors.

Fundamental Strengths

Regulatory Credibility and Ratings

The fund has been assigned an AA+f / S1+ fund credit quality rating from S&P Global Ratings, which is the highest rating given to any tokenized fund and the second highest rating that S&P awards. This milestone, combined with the fund's existing ratings from Moody's and Particula, establishes a new benchmark for tokenized fund quality and sophistication, making it the most-rated tokenized fund to date. Particula upgraded the rating of the Janus Henderson Anemoy Treasury Fund token from A+ to AA+ as of May 7, 2025.

Institutional Asset Manager Partnership

As of December 31, 2024, Janus Henderson had approximately US$379 billion in assets under management, more than 2,000 employees, and offices in 25 cities worldwide. The synergy between Tabula's specific investment tools, which will be crucial to ensuring the fund meets the high standards expected by institutional investors, and Janus Henderson's 90-year track record of financial expertise, will bring traditional investment products to on-chain capital markets.

Portfolio Strategy and Risk Management

The fund balances monthly, offers daily redemptions, holds US T-Bills with a max maturity of 6-months, and focuses on maximizing interest rates and minimizing price and duration risks. It solely invests in and holds short-term U.S. Treasury Bills (T-bills) with a remaining maturity of 0 to 3 months to offer minimized price and duration risks in combination with daily liquidity and money market returns.

Institutional Adoption

JTRSY was selected for a $200 million allocation under the Spark Tokenization Grand Prix, an initiative designed to expand institutional access to tokenized U.S. Treasuries, with the full deployment of proceeds into the Janus Henderson-managed portfolio indicating operational readiness and growing institutional engagement.

Blockchain Infrastructure and Transparency

Investors will have the ability to view their holdings and returns, and overall fund composition via Centrifuge in near real-time, which can be further verified onchain. All purchased U.S. Treasury Bills are tokenized and monitorable onchain and the fund is approved and regulated by the BVI Financial Services Commission (BVI FSC).

Fundamental Weaknesses

Liquidity Concerns

There hasn't been any trading volume in the last 24 hours, and the 24 hour trading volume of Janus Henderson Anemoy Treasury Fund is $0 which signals a drop in market activity, with liquidity of the token likely to be low. As of January 17, 2026, the token has only 7 holders.

Early-Stage Market Adoption

The fund remains in early adoption phases with minimal secondary market trading activity. To support distribution and liquidity, Anemoy is developing a Liquidity Network, in collaboration with Centrifuge, Tabula Investment Management, and market makers such as Wintermute, intended to support same-day redemptions of up to $100 million. This indicates liquidity infrastructure is still being developed rather than fully operational.

Regulatory and Jurisdictional Constraints

The fund is open to non-US Professional Investors only, which limits the addressable market significantly and restricts access for US-based investors.

Market Position and Competitive Landscape

The fund operates in the emerging tokenized real-world assets (RWA) space, specifically targeting institutional investors seeking on-chain exposure to US Treasury instruments. Centrifuge was founded in 2017 and backed by leading VCs, and has been a driving force in the institutional adoption of tokenized assets.

The competitive landscape includes other tokenized Treasury offerings, though JTRSY's triple-agency rating (S&P, Moody's, and Particula) positions it as the most comprehensively rated tokenized fund to date. However, the market remains nascent with limited direct competitors offering similar institutional-grade tokenized Treasury products.

Revenue Model and Sustainability

The fund operates as a traditional asset management vehicle with management fees charged to investors. The fund merges portfolio transparency, onchain settlement, multi-chain access, composability and low-fees with low-risk, high liquidity yields. Revenue sustainability depends on asset growth and fee structures, though specific fee information is not publicly disclosed in available sources.

Team Credibility and Track Record

Janus Henderson's 90-year track record of financial expertise provides institutional credibility. Janus Henderson became sub-investment manager of the fund in 2024. Anemoy was started by the Centrifuge founder who brings years of experience building regulated and composable products, working with the DeFi heavyweights like MakerDAO and Aave.

Risk Factors

Regulatory Risk

As a BVI-regulated fund operating in the emerging tokenized assets space, regulatory changes in major jurisdictions could impact operations and investor access. The restriction to non-US professional investors limits market expansion potential.

Technology and Smart Contract Risk

Fund share issuance follows the proposed 7540 standard, an extension of the ERC-4626 standard which issues ERC-20 tokens. Reliance on blockchain infrastructure and smart contracts introduces technical risks, though the fund's high regulatory ratings suggest robust risk management protocols.

Liquidity Risk

Current zero secondary market trading volume presents significant liquidity challenges. While the fund offers daily redemptions, secondary market liquidity for token holders remains problematic.

Market Adoption Risk

The tokenized Treasury market remains nascent. Broader institutional adoption is uncertain, and regulatory clarity around tokenized assets continues to evolve.

Interest Rate Risk

While the fund focuses on short-duration instruments to minimize duration risk, changes in interest rate environments could affect yields and fund performance.

Bull Case

Institutional-Grade Ratings: Triple-agency ratings (AA+ from S&P, Aa from Moody's, AA+ from Particula) provide rare credibility in the tokenized asset space
Established Asset Manager: Janus Henderson's $379 billion AUM and 90-year track record reduce counterparty and operational risk
Institutional Capital Inflow: $200 million Spark allocation demonstrates institutional demand and validates the product
Regulatory Compliance: BVI FSC licensing and comprehensive regulatory framework establish legitimacy
Portfolio Transparency: On-chain verification of Treasury holdings provides unprecedented transparency
Market Opportunity: Tokenized Treasury market positioned for growth as institutional adoption accelerates
Daily Liquidity: Daily redemption capability provides investor flexibility

Bear Case

Zero Secondary Market Liquidity: No trading volume and only 7 token holders indicate minimal market adoption
Geographic Restrictions: Non-US professional investor limitation significantly constrains addressable market
Early-Stage Technology: Reliance on emerging blockchain infrastructure and ERC-4626 standards introduces unproven technology risk
Nascent Market: Tokenized Treasury market remains experimental with uncertain long-term viability
Liquidity Network Still Developing: Planned $100 million redemption facility not yet fully operational
Limited Track Record: Fund is too new to demonstrate performance across market cycles
Regulatory Uncertainty: Evolving regulatory landscape for tokenized assets creates policy risk
Competitive Pressure: Potential for larger asset managers to enter market with greater resources

Risk/Reward Assessment

The fund presents a high-risk, moderate-reward profile for institutional investors. The exceptional regulatory ratings and institutional backing provide downside protection, while the nascent market and minimal liquidity present significant execution risks. The $200 million institutional allocation suggests confidence in the product, but secondary market illiquidity remains a critical constraint. The fund appears better suited for buy-and-hold institutional investors with long time horizons rather than those requiring active trading or liquidity.

Sources:

Janus Henderson Anemoy Treasury Fund (JTRSY) price prediction

Janus Henderson Anemoy Treasury Fund (JTRSY) Price Prediction Analysis

Current Price and Market Context

As of November 19, 2025, JTRSY is trading at $1.086, with a market cap of $296.13M, ranking it #228 among all cryptocurrencies. The circulating supply consists of 270 million tokens.

The fund is a tokenized British Virgin Islands professional fund licensed by the BVI Financial Services Commission, investing solely in short-term U.S. Treasury Bills with remaining maturity of 0 to 3 months. This structure fundamentally constrains price volatility, as the token value is directly tied to underlying Treasury holdings.

Short-Term Predictions (2025-2026)

Timeframe	Price Target	Methodology
Q1 2026	$1.10	5% annual price change projection
Full Year 2026	$1.14	5% annual price change assumption

Factors influencing short-term price include increasing institutional adoption, ongoing ETF demand, and broader macroeconomic trends.

Medium-Term Predictions (2027-2028)

Specific analyst forecasts for 2027-2028 are not available in current sources. However, extrapolating from the 5% annual growth model:

Year	Projected Price
2027	~$1.20
2028	~$1.26

These projections assume consistent 5% annual appreciation based on Treasury yield dynamics and institutional adoption patterns.

Long-Term Predictions (2029-2030)

Year	Price Target	Source
2030	$1.38	Coinbase price prediction tool with 5% annual change
2035	$1.77	Coinbase long-term projection
2040	$2.26	Extended forecast

Key Factors Influencing Price Predictions

Positive Catalysts:

JTRSY received an AA+f / S1+ fund credit quality rating from S&P Global Ratings, the highest rating given to any tokenized fund
The fund holds ratings from Moody's (Aa) and Particula (A+), making it the most-rated tokenized fund to date
Institutional adoption and regulatory developments such as ETF approvals drive price appreciation
Growing adoption of real-world asset (RWA) tokenization in institutional finance

Constraining Factors:

The 24-hour trading volume is $0, signaling low market activity and liquidity constraints
The fund's focus on minimizing price and duration risks inherently limits volatility and appreciation potential
Treasury yield fluctuations directly impact returns; declining rates compress fund value
Limited trading volume restricts price discovery mechanisms

Prediction Methodology and Limitations

Available predictions rely primarily on:

Coinbase Price Prediction Tool: User-input based scenarios assuming 5% annual price change
Fundamental Analysis: Treasury yield dynamics and institutional adoption trends
Historical Performance: Limited data due to fund's recent tokenization

Critical Limitations:

Predictions are generated based on user input and return indicative results only; these results are not guaranteed and should not be considered recommendations
No formal analyst consensus or institutional forecasts published
Fund structure as a Treasury-backed instrument limits speculative price movements
Macroeconomic variables (Federal Reserve policy, inflation, interest rates) create significant uncertainty

Price Volatility Context

Historical 24-hour trading range shows minimal volatility, from $1.085 to $1.086, with an all-time high of $1.086 on November 19, 2025 and all-time low of $1.085 on November 13, 2025. This narrow range reflects the fund's Treasury-backed structure and institutional-grade stability.

Sources:

Coinbase - Janus Henderson Anemoy Treasury Fund Price Prediction: https://www.coinbase.com/price-prediction/janus-henderson-anemoy-treasury-fund
Bybit - JTRSY Live Price and Market Data: https://www.bybit.com/en/price/janus-henderson-anemoy-treasury-fund/
Janus Henderson - S&P Global Ratings Announcement: https://www.janushenderson.com/en-us/advisor/press-releases/janus-henderson-anemoy-treasury-fund-receives-highest-tokenized-fund-rating/
Anemoy Official Fund Page: https://www.anemoy.io/funds/jtrsy
RWA.xyz - JTRSY Asset Information: https://app.rwa.xyz/assets/JTRSY
CoinGecko - JTRSY Market Data: https://www.coingecko.com/en/coins/janus-henderson-anemoy-treasury-fund

How high can Janus Henderson Anemoy Treasury Fund (JTRSY) go?

Maximum Price Potential Analysis: Janus Henderson Anemoy Treasury Fund (JTRSY)

Fund Overview and Current Positioning

The Janus Henderson Anemoy Treasury Fund is a regulated, fully onchain actively managed fund for direct access to <6 month US Treasury Yield. The fund has been assigned an AA+f / S1+ fund credit quality rating from S&P Global Ratings, which is the highest rating given to any tokenized fund and the second highest rating that S&P awards. JTRSY was selected for a $200 million allocation under the Spark Tokenization Grand Prix, an initiative designed to expand institutional access to tokenized U.S. Treasuries.

Current market metrics show JTRSY trading near $1.09 per token with approximately 272 million tokens in circulation, yielding a market capitalization around $295-300 million. The token exhibits minimal trading volume and price volatility, reflecting its institutional-focused positioning and limited secondary market liquidity.

Market Context: Tokenized Treasury Landscape

The tokenized treasury market provides critical context for JTRSY's price potential. Tokenized real-world assets surged past $20B in early 2026, led by tokenized U.S. Treasuries and flagship products from BlackRock and Ondo Finance, with onchain treasury products now representing roughly $8–9 billion of that total. BlackRock's BUIDL product in particular has grown into a benchmark for institutional crypto-native cash management, with assets under management comfortably in the mid-single-digit billions range, figures that industry trackers place around $2.5–2.8 billion.

According to rwa.xyz, there's about $8.7 billion in on-chain U.S. Treasuries, which is about 45% of the total $19.4 billion in RWA, while it is still only a tiny fraction of the almost $28 trillion in issued U.S. Treasuries.

Supply Dynamics and Token Structure

JTRSY's supply structure differs fundamentally from speculative cryptocurrencies. With 272 million tokens in circulation representing shares in a segregated portfolio, the token's value is directly tied to underlying Treasury holdings. The fund solely invests in and holds short-term U.S. Treasury Bills (T-bills) with a remaining maturity of 0 to 3 months to offer minimized price and duration risks in combination with daily liquidity and money market returns, with T-bills held directly by the Fund and Asset Under Management (AUM) can be checked onchain.

This structure creates a natural price ceiling tied to the net asset value (NAV) of underlying Treasury holdings. Unlike tokens with inflationary supply mechanisms, JTRSY's token count remains fixed, meaning price appreciation depends entirely on fund growth and adoption rather than supply reduction.

Competitive Positioning Analysis

JTRSY operates in a competitive but expanding market. BlackRock's BUIDL dominates with $2.5+ billion in AUM, capturing approximately 33-40% of the tokenized Treasury market. However, Anemoy is developing a Liquidity Network, in collaboration with Centrifuge, Tabula Investment Management, and market makers such as Wintermute, intended to support same-day redemptions of up to $100 million. This infrastructure development suggests institutional capacity building.

JTRSY's competitive advantages include:

Highest institutional credit ratings (AA+ from S&P, upgraded to AA+ from Particula in May 2025)
Janus Henderson sub-investment manager backing (major institutional asset manager)
Multi-chain deployment (Ethereum, Base, Arbitrum, Celo, Centrifuge Chain)
Daily redemption capability with institutional-grade custody

Price Potential Scenarios

Conservative Scenario: 15-25% Appreciation

Assumes modest AUM growth to $350-400 million
Market cap: $380-435 million
Price target: $1.40-1.60 per token
Drivers: Continued institutional adoption within existing regulatory framework, modest market share gains from competitors
Timeline: 18-24 months

Base Scenario: 50-100% Appreciation

Assumes AUM growth to $600-900 million
Market cap: $650-980 million
Price target: $2.40-3.60 per token
Drivers: Regulatory clarity accelerating institutional adoption, successful Liquidity Network deployment, expanded institutional access through major platforms
Timeline: 24-36 months
Rationale: Represents capturing 8-12% of current tokenized Treasury market or maintaining current market position as total market grows

Optimistic Scenario: 200-300% Appreciation

Assumes AUM growth to $1.5-2.0 billion
Market cap: $1.6-2.2 billion
Price target: $5.90-8.10 per token
Drivers: Mainstream institutional adoption of tokenized treasuries, JTRSY becoming preferred vehicle for qualified investors, significant market share gains, potential integration as collateral on major platforms
Timeline: 36-48 months
Rationale: Positions JTRSY as second-largest tokenized treasury product after BUIDL, capturing 15-20% of market

Total Addressable Market Analysis

According to consulting firm McKinsey, the RWA tokenization market might reach $2 trillion by 2030. Within this broader market, tokenized treasuries represent the most mature and fastest-growing segment. Growth will be underpinned by the $130 trillion fixed income outstanding in real-world markets.

The addressable market for institutional-grade tokenized treasuries specifically includes:

Institutional cash management allocations seeking yield
Qualified investor portfolios requiring regulatory compliance
DeFi protocol reserves requiring risk-free collateral
Cross-border institutional settlement needs

Even capturing 1-2% of the addressable institutional treasury market would support multi-billion dollar valuations for leading products.

Growth Catalysts

Near-term (6-12 months):

Successful deployment of $200 million Spark allocation
Liquidity Network launch enabling institutional-scale redemptions
Integration as collateral on major trading platforms
Regulatory clarity on tokenized securities

Medium-term (12-24 months):

Expansion of institutional distribution channels
Integration with major DeFi protocols requiring treasury collateral
Potential inclusion in institutional benchmark indices
Cross-chain liquidity improvements

Long-term (24+ months):

Mainstream adoption of tokenized treasuries by traditional asset managers
Integration into traditional custody and settlement infrastructure
Potential regulatory approval for broader investor classes
Emergence of secondary market trading venues

Limiting Factors and Realistic Constraints

Structural Constraints:

Token price fundamentally limited by NAV of underlying Treasury holdings plus management fees
Daily redemption capability creates natural price ceiling at NAV
Cannot appreciate significantly above intrinsic value without market inefficiency

Market Constraints:

Concentrated competition from BlackRock BUIDL with institutional backing and scale advantages
Limited secondary market liquidity constrains price discovery
Regulatory uncertainty around tokenized securities remains despite recent progress
Cross-chain fragmentation creating pricing inefficiencies and liquidity splits

Adoption Constraints:

Institutional adoption requires regulatory clarity still evolving
Qualified investor restrictions limit addressable market
Integration with traditional finance infrastructure remains incomplete
Custody and settlement standardization still developing

Historical Context and Benchmarking

JTRSY's all-time high remains near current levels, indicating the token has not experienced significant price appreciation since launch. This reflects the fund's institutional positioning and the nascent state of the tokenized treasury market. Unlike speculative assets, JTRSY's price trajectory depends on measurable adoption metrics: AUM growth, institutional inflows, and market share gains.

Realistic Assessment

JTRSY's maximum realistic price potential depends on three variables: (1) total addressable market penetration, (2) competitive positioning relative to BUIDL and other products, and (3) regulatory environment evolution.

In the base scenario, JTRSY reaching $2.40-3.60 per token assumes the fund captures meaningful institutional adoption while maintaining competitive positioning. This represents approximately $650-980 million in market capitalization—a reasonable outcome if the fund captures 8-12% of the current tokenized treasury market or maintains current market share as the total market expands.

The optimistic scenario of $5.90-8.10 per token assumes JTRSY becomes the second-largest tokenized treasury product globally, capturing 15-20% market share. While possible given the fund's institutional-grade ratings and Janus Henderson backing, this outcome requires successful execution across distribution, liquidity provision, and regulatory navigation.

The conservative scenario of $1.40-1.60 per token represents modest growth reflecting continued institutional adoption within existing constraints, with limited secondary market development or competitive gains.

Sources:

How to buy Janus Henderson Anemoy Treasury Fund (JTRSY)?

Comprehensive Guide to Purchasing Janus Henderson Anemoy Treasury Fund (JTRSY)

Overview

Janus Henderson Anemoy Treasury Fund is a tokenized British Virgin Islands (BVI) professional fund, licensed by the British Virgin Islands Financial Services Commission (FSC), and open to non-US Professional Investors. It solely invests in and holds short-term U.S. Treasury Bills (T-bills) with a remaining maturity of 0 to 3 months to offer minimized price and duration risks in combination with daily liquidity and money market returns. Investments and redemptions are processed in USDC stablecoins.

JTRSY can be acquired through multiple channels: centralized exchanges (CEXs), decentralized exchanges (DEXs), and wallet-based swap services. Fund shares held as tokens on investor's chain of choice (Ethereum, Base, Arbitrum, and more) Investors can subscribe to the BVI offering directly from their wallets.

Purchase Methods Overview

Centralized Exchanges (CEXs)
Buying Janus Henderson Anemoy Treasury Fund on centralized exchanges (CEXs) is fast and beginner-friendly. Simply choose a reputable platform that lists JTRSY - one with robust liquidity, a solid security track record, and competitive trading fees.

Decentralized Exchanges (DEXs)
For those who prefer a trustless, peer-to-peer approach, decentralized exchanges (DEXs) are an excellent option. To use a DEX, simply connect a compatible wallet based on the blockchain Janus Henderson Anemoy Treasury Fund is issued on, such as MetaMask or any WalletConnect-enabled app, and swap a base token for JTRSY.

Wallet-Based Swaps
Popular wallets like MetaMask, Trust Wallet, and Phantom allow you to swap major tokens (for example, USDT or ETH) for JTRSY through their integrated swap providers. While swap fees in these wallets can be higher than on exchanges, the trade-off is that you maintain custody of your assets from end to end, without relying on a third-party platform.

Trading Pairs and Blockchains

Navigate to the spot market, select the JTRSY/USDT (or another) trading pair, and place a Market or Limit order based on your preference. JTRSY is available on multiple blockchain networks including Ethereum, Base, and Arbitrum.

Step-by-Step Purchase Guide via Centralized Exchange

Step 1: Select an Exchange
Look for platforms with a strong security record, healthy trading volume, and transparent fee tiers.

Step 2: Create Account and Complete Verification
Once you've selected your exchange, kindly sign up for an account and complete any KYC requirements to unlock full deposit, withdrawal, and trading features.

Step 3: Fund Your Account
Next, deposit funds - whether fiat via bank transfer or card, or crypto such as USDT, BTC, or ETH.

Step 4: Place Your Order
Navigate to the spot market, select the JTRSY/USDT (or another) trading pair, and place a Market or Limit order based on your preference.

Step 5: Withdraw to Your Wallet
After your order fills, you can conveniently withdraw JTRSY either to your own self-custody wallet or, when available, directly to your BingX address for seamless future trading.

Decentralized Exchange Purchase Guide

Step 1: Select a DEX
First, choose a DEX that supports JTRSY, such as Uniswap, PancakeSwap, or SushiSwap.

Step 2: Connect Your Wallet
Then, connect your wallet by clicking "Connect Wallet" and selecting MetaMask, WalletConnect, or another compatible option.

Step 3: Acquire Base Token
Ensure you have enough of the DEX's base token (for example, USDT, WETH, or BNB) in your wallet.

Step 4: Execute the Swap
Select the base token → JTRSY, enter the amount you want to purchase, and adjust your slippage tolerance to your preference before confirming the swap.

Step 5: Pay Gas Fees
Don't forget to keep some of the network's native currency (ETH for Ethereum-based DEXs, BNB for BNB Chain, etc.) handy to cover gas fees.

Wallet Recommendations

Hot Wallets (Online)
Popular wallets like MetaMask, Trust Wallet, and Phantom allow you to swap major tokens (for example, USDT or ETH) for JTRSY through their integrated swap providers.

Cold Wallets (Hardware)
By using wallets like MetaMask or Trust Wallet, or opting for hardware solutions such as Ledger or Trezor, you retain sole ownership of the private keys that secure your holdings.

Adding JTRSY to MetaMask
You can copy JTRSY's contract address (0x8c213ee79581ff4984583c6a801e5263418c4b86) and import it manually, or if you've installed MetaMask's chrome extension, add JTRSY to MetaMask with one click on CoinGecko.

Security Best Practices

Private Key Management
Just remember to back up your seed phrase offline; if you lose it, you lose access to your tokens permanently.

Self-Custody Benefits
By using wallets like MetaMask or Trust Wallet, or opting for hardware solutions such as Ledger or Trezor, you retain sole ownership of the private keys that secure your holdings. This approach is ideal for long-term HODLing and for interacting directly with DeFi protocols without intermediaries.

Exchange Security
When selecting a centralized exchange, verify the platform has a solid security track record, transparent fee structures, and adequate insurance coverage for digital assets.

KYC Requirements

Once you've selected your exchange, kindly sign up for an account and complete any KYC requirements to unlock full deposit, withdrawal, and trading features. KYC (Know Your Customer) verification typically requires:

Government-issued photo identification
Proof of address
Phone number verification

Regional Availability

Janus Henderson Anemoy Treasury Fund is a tokenized British Virgin Islands (BVI) professional fund, licensed by the British Virgin Islands Financial Services Commission (FSC), and open to non-US Professional Investors. The fund is not available to US residents. Availability varies by exchange and jurisdiction—verify your region's eligibility before attempting to purchase.

Fund Fees

Management Fees: 0.15% The fund charges a management fee of 0.15% annually. Additional fees may apply depending on the exchange or platform used for purchase, including trading fees and network gas fees for blockchain transactions.

Important Considerations

Market Liquidity
The 24 hour trading volume of Janus Henderson Anemoy Treasury Fund (JTRSY) is $0 which signals a drop in market activity. If you own JTRSY tokens, liquidity of the token is likely to be low. Verify current trading volume and liquidity before executing large purchases.

Regulatory Status
The fund is approved and regulated by the BVI Financial Services Commission (BVI FSC). This regulatory oversight provides institutional-grade investor protection.

Fund Characteristics
The fund balances monthly, offers daily redemptions, holds US T-Bills with a max maturity of 6-months, and focuses on maximizing interest rates and minimizing price and duration risks.

Official Resources

Anemoy Official Site: www.anemoy.io/funds/jtrsy
RWA.xyz Asset Page: app.rwa.xyz/assets/JTRSY
Ethereum Contract Address: 0x8c213ee79581ff4984583c6a801e5263418c4b86