JTRSY is a BVI professional fund sub-advised by Janus Henderson, investing in short-dated US Treasury bills with daily liquidity. Built natively on Centrifuge's on-chain fund infrastructure with multichain distribution, it became one of the fastest-growing tokenized treasury products after its 2024 relaunch.
Janus Henderson-managed T-bill fund, native to Centrifuge.
Prism analyst note
JTRSY pairs a traditional active manager (Janus Henderson) with fully on-chain fund infrastructure (Centrifuge), a hybrid that resonated with DAOs and protocol treasuries: its investor base skews crypto-native. Fees are competitive and the multichain footprint is growing. Structure risk is BVI-professional-fund standard; the Janus Henderson sub-advisory relationship is the key credibility anchor.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Short-dated US Treasury bills
- Legal structure
- BVI professional fund (Anemoy Capital SPC), sub-advised by Janus Henderson
- Jurisdiction
- British Virgin Islands
- Custodian
- Regulated custodians via fund prime services
- Administrator
- Trident Trust (fund administration)
- Oracle / NAV source
- Centrifuge on-chain NAV
- Reserve information
- Daily NAV; holdings reported through Centrifuge's on-chain fund tooling.
- Transfer restrictions
- KYC-verified investors; transfers via Centrifuge protocol.
- Investor eligibility
- Accredited / professional investors
- KYC required
- Yes
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers. 150+
Documents & disclosures
Frequently asked
Who typically invests in JTRSY?+
Protocol treasuries and DAOs seeking treasury yield with on-chain-native operations are the core investor base.





