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Anemoy Capital Review 2026: Tokenized Treasury and CLO Funds

Anemoy is a web3-native asset manager built on Centrifuge that offers tokenized funds holding Treasuries, AAA CLOs and an S&P 500 index exposure. It suits eligible investors who want regulated-style real-world assets onchain, but access terms and fees are not clear from public pages.

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

7.0/10

Good

Visit Anemoy Capital

Our verdict on Anemoy Capital

7.0/10

Anemoy Capital is a credible option for eligible investors who want tokenized Treasuries, AAA CLOs or index exposure through stablecoins and onchain tracking. Its strengths are the Centrifuge foundation, clear fund lineup and asset-level transparency. The main caveats are restricted access, unpublished fees and terms, no listed audits on DefiLlama, and a sharp recent TVL drop. Check eligibility, fund documents and current TVL before investing.

Score breakdown

How Anemoy Capital scores

Security: 6.5/10
Ease of use: 6.5/10
Fees: n/a
Features: 7.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Anemoy Capital?

Anemoy Capital is a web3-native asset manager powered by Centrifuge. It offers tokenized funds that give investors onchain exposure to real-world assets, including Treasuries, AAA-rated CLOs and S&P 500 exposure.

DefiLlama lists it under RWA, running on Ethereum, Base and Celo, with TVL around 102.3 million USD and a listing date of December 2024. TVL fell 64.5% over the past seven days in the data reviewed, so readers should look at current figures.

The homepage features three funds, SPXA, JTRSY and JAAA, and an announcement of HYB, a tokenized US high yield bond strategy launched with New York Life Investment Management for eligible investors.

How Anemoy Capital works

Anemoy packages real-world assets into funds and issues tokenized shares onchain. It uses the Centrifuge protocol to handle the tokenization and integration of these assets with DeFi.

Investors put in stablecoins and receive fund tokens that represent their share. The homepage says holdings can be viewed at the asset level onchain with live data, which gives more transparency than a traditional fund report.

The underlying assets include US Treasuries, AAA-rated collateralized loan obligations and an S&P 500 index exposure. Fund shares are offered by a regulated-style asset manager, so access rules and compliance checks are part of the process.

6 features

Key features

End-to-end fund lifecycle

Anemoy covers origination, tokenization, securitization, management and distribution of onchain funds, according to its homepage.

Centrifuge infrastructure

The funds run on the Centrifuge protocol, which handles the tokenization and onchain integration of real-world assets.

Three named funds

SPXA tracks S&P 500 exposure, JTRSY holds US Treasuries and JAAA targets AAA-rated CLOs.

Stablecoin investing

The homepage says investors can invest with stablecoins and manage their portfolio onchain.

Asset-level visibility

Fund holdings can be viewed at the asset level onchain with live data, per the homepage.

Institutional partnership

NYLIM launched HYB, a tokenized US high yield bond strategy, with Anemoy and Centrifuge for eligible investors.

Pros and cons

What we like

Clear fund lineup covering Treasuries, AAA CLOs and an S&P 500 index
Built on Centrifuge, an established RWA tokenization protocol
Holdings viewable at asset level onchain with live data
Invest with stablecoins and manage positions onchain
Institutional partnership with New York Life Investment Management for HYB
Operating entity, Anemoy Limited, is named on the site

Watch out for

Funds are aimed at eligible investors, so access is likely restricted and may involve compliance checks
No audits are listed on DefiLlama for the project
DefiLlama shows a 64.5% drop in TVL over seven days, which points to large outflows or reclassification
Fees, minimums and redemption terms are not published on the homepage
Tokenized fund shares carry issuer, custody and regulatory risk on top of smart-contract risk
No native token, so there is no governance or community-ownership angle

Anemoy Capital fees

Management fees, subscription and redemption costs and minimum investments are not published on the homepage. Readers should check each fund's documentation or offering materials before investing.

Onchain transactions also incur network gas fees on the chain used. These depend on the chain and conditions and are not stated publicly.

Is Anemoy Capital safe?

No audits are listed for Anemoy on DefiLlama, though the funds rely on the Centrifuge protocol, and readers should check Centrifuge's own audit disclosures. The project does not describe custody arrangements, legal structure or regulatory status in detail.

Tokenized funds carry several layers of risk: smart-contract bugs, issuer and custodian risk, credit risk in CLOs and high yield bonds, and the possibility of transfer or redemption limits. The sharp seven-day TVL decline is worth checking before investing. Verify eligibility and regulation in your jurisdiction.

6 steps

How to get started with Anemoy Capital

1
Read the homepage and each fund page (SPXA, JTRSY, JAAA) to see what the fund holds.
2
Check the eligibility requirements for your country and investor type.
3
Complete any compliance or onboarding checks the platform requires.
4
Prepare stablecoins and a compatible wallet on the chain the fund uses.
5
Review fees, minimums and redemption terms in the fund documents.
6
Invest and then monitor holdings onchain.

Open Anemoy Capital

Who Anemoy Capital is for

Anemoy is for investors and institutions who want regulated-style real-world asset exposure, such as short-term Treasuries or AAA CLOs, delivered onchain and funded with stablecoins. It is less suited to casual DeFi users who want open, permissionless access or a native token.

Anemoy Capital FAQs

What is Anemoy Capital?

Anemoy is a web3-native asset manager powered by Centrifuge. It runs tokenized funds that give investors onchain exposure to assets such as US Treasuries, AAA-rated CLOs and an S&P 500 index.

Which funds does Anemoy offer?

The homepage lists three funds: the S&P500 Index Fund (SPXA), the U.S. Treasury Fund (JTRSY) and the AAA CLO Fund (JAAA). It also announces HYB, a tokenized U.S. high yield bond strategy launched with New York Life Investment Management for eligible investors.

Which blockchains does Anemoy use?

DefiLlama lists Anemoy on Ethereum, Base and Celo. Which chain each fund uses is not stated publicly reviewed, so check the fund pages.

Can anyone invest in Anemoy funds?

The homepage says investors can invest with stablecoins and manage their portfolio onchain. It also mentions compliance services and offerings for eligible investors, so onboarding checks are likely, but the exact process is not published on the homepage.

Does Anemoy have a token?

No. DefiLlama shows no token for Anemoy. The fund tokens represent shares in specific funds rather than a governance or utility token.

How big is Anemoy?

DefiLlama lists TVL of about 102.3 million USD, down 64.5% over seven days at the time of the data. The reason for the drop is not given publicly.

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