Anemoy
About
Anemoy is a web3 native asset manager built on Centrifuge that tokenizes institutional-grade real-world assets for onchain access. The platform offers regulated investment funds including S&P 500 index tracking, US Treasury bills, and AAA-rated CLO strategies, providing professional investors with traditional finance exposure through blockchain technology with daily liquidity and transparent onchain reporting.
Where Does Yield Come From?
Anemoy generates yield through three main fund strategies:
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The Janus Henderson Anemoy Treasury Fund (JTRSY) invests in actively managed portfolios of US Treasury Bills that mature in at most six months. This captures the yield from US Treasury debt (currently about 3.65% per year) while reducing the risk that comes from changes in interest rates.
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The Janus Henderson Anemoy AAA CLO Fund (JAAA) invests in the highest-rated slices of bundled corporate loans (called AAA-rated collateralized loan obligations). These have historically offered higher yields (around 5.8% for AAA CLOs) by holding senior secured corporate debt—loans to companies that have first claim on assets if they fail—and include built-in safeguards against default.
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The Anemoy Janus Henderson S&P 500® Index Fund (SPXA) provides passive exposure to the companies in the S&P 500 index. It earns returns from increases in stock prices and from dividend payments distributed by roughly 500 large US companies.
All three funds are structured as regulated open-ended funds in the British Virgin Islands for professional investors outside the US. They accept investments and redemptions in stablecoins, offer daily liquidity, and provide transparent reporting of fund values on the blockchain using Centrifuge's infrastructure. The funds aim to deliver yields similar to traditional finance but with fewer middlemen and lower operating costs by using blockchain for settlement and automating compliance tasks.
Persons
Anil Sood
Co-Founder, Anemoy; Chief Strategy Officer & Co-Founder, Centrifuge
LinkedInBhaji Illuminati
Chief Executive Officer & Co-Founder, Centrifuge Labs
LinkedInJeroen Offerijns
Chief Technology Officer & Co-Founder, Centrifuge Labs
LinkedInMartin Quensel
President & Co-Founder, Centrifuge Labs
LinkedInJürgen Blumberg
Chief Operating Officer, Centrifuge Labs
LinkedInEli Cohen
Chief Legal Officer, Centrifuge Labs
LinkedInLucas Vogelsang
Co-Founder, Centrifuge (former CEO, now strategic board position)
LinkedIn
Audits
| Audit / Date | Findings | Verdict |
|---|---|---|
Sherlock02-01-2026 - 30-01-2026 |
| This deployment audit appears to focus on verifying correct contract deployments and cross-chain adapter configurations, with no discernible security vulnerabilities reported in the accessible text. |
| This fix review found no security vulnerabilities, confirming that Centrifuge v3.1's remediation of prior audit findings was correctly implemented, with only minor gas optimizations and code quality recommendations remaining. | |
Blackthorn (with Sherlock)20-10-2025 - 17-11-2025 |
| The audit uncovered a critical vulnerability enabling theft of all pending deposits, alongside multiple medium-severity issues affecting gas management, batch processing, and price calculations; all findings require remediation to ensure protocol security before production deployment. |
| This focused post-competition review found no critical or high severity issues, with the single Low vulnerability and multiple informational concerns either fixed or acknowledged, indicating adequate remediation of the identified cross-chain attack vectors. | |
yAudit01-10-2025 - 31-10-2025 |
| The audit revealed no critical or high-risk vulnerabilities, with only one medium-severity overflow issue and several low-impact findings, all of which were promptly addressed by the development team, indicating a mature and security-focused protocol evolution. |
Burra Security10-12-2025 |
| The audit revealed a critical isolation bypass vulnerability that was fully resolved, along with several lower-severity issues, resulting in a comprehensive security review that strengthened the protocol's cross-chain messaging security model. |
Burra Security12-10-2025 |
| The audit revealed several significant security issues in gas handling and cross-chain messaging, all of which were properly addressed before deployment. The resolved findings demonstrate robust remediation of critical attack vectors, though the presence of multiple high-severity issues initially indicates the protocol benefited substantially from this security review. |
Burra Security21-08-2025 |
| This audit revealed only low-severity compatibility concerns and informational issues, with most already resolved, indicating the LayerZeroAdapter is adequately secure for its cross-chain messaging purpose within the defined scope. |
| The audit found only low-risk and informational issues, with the majority already fixed, indicating Centrifuge v3 addressed identified vulnerabilities before deployment with residual issues being minor or acknowledged for future resolution. | |
xmxanuel01-07-2025 |
| The audit uncovered several medium and low severity issues in cross-chain messaging and access control, most of which were promptly fixed or acknowledged, indicating responsive maintenance and a generally sound security posture for the protocol's current version. |
| The audit found only one medium-severity issue that has already been fixed, indicating the reviewed contracts have minimal security concerns within the limited scope of the Merkle proof manager functionality. | |
| yAudit's review found one high‑severity issue (duplicate share transfers) and several medium‑to‑low findings, all promptly fixed by the Centrifuge team, leaving the V3 codebase in a secure state despite its inherent multi‑chain complexity. | |
Spearbit28-04-2025 - 19-05-2025 |
| The audit revealed several medium-severity cross-chain integration and request handling issues, all of which were fixed before deployment, resulting in no unresolved critical or high-risk vulnerabilities. |
Burra Security27-05-2025 |
| The audit found only two low-severity issues, both related to access control and maintenance, which were promptly resolved before deployment, indicating robust security posture for the reviewed components. |
Recon (Alex The Entreprenerd)01-04-2025 - 30-04-2025 |
| This audit revealed one critical accounting overflow vulnerability and several medium-severity issues, indicating the codebase requires additional hardening before production deployment; the auditor strongly recommends another independent review followed by a guarded launch with bug bounty protection. |
Burra Security25-04-2025 |
| This focused cross-chain adapter audit uncovered several important but non-critical design flaws, all of which were addressed by the Centrifuge team before deployment, resulting in a clean security posture for the reviewed gateway components. |
Burra Security29-04-2025 |
| This time-boxed review uncovered one critical re-entrancy flaw that was promptly fixed, along with other medium and low-severity issues, resulting in a satisfactorily resolved security assessment for the audited Gateway and associated libraries. |
| The security review identified and fixed one high-severity reentrancy vulnerability and several medium/low issues during development, leaving the protocol with addressed security concerns prior to launch. | |
| The audit uncovered only low-risk and informational issues, all of which were promptly addressed, indicating the Centrifuge Vaults codebase was relatively secure at the time of review with no critical or high-severity vulnerabilities. | |
Recon03-04-2025 |
| This is a technical blog post describing invariant testing improvements that uncovered one edge case, not a formal security audit with severity-graded findings. |
Spearbit01-07-2024 - 31-07-2024 |
| The audit identified critical and high severity vulnerabilities that were fully resolved before deployment, demonstrating effective remediation; however, the substantial volume of lower‑severity findings indicates complex code requiring continued security scrutiny. |
| The audit found no security-critical vulnerabilities, only informational best-practice issues, indicating robust initial security posture for the permissioned wrapper and oracle implementation. | |
Recon02-05-2024 |
| This methodology-focused article documents fuzzing setup and coverage expansion techniques for Centrifuge but does not report any completed vulnerability findings or security assessments; any actual bugs discovered would be covered in a subsequent post. |
Recon12-08-2024 |
| This blog post outlines methodology improvements that identified a rounding circumvention vulnerability in Centrifuge's deposit mechanism, demonstrating the value of refined invariant testing for uncovering subtle economic attack vectors. |
| All medium‑risk issues were resolved before deployment, and only low‑severity and informational findings remain acknowledged, indicating a robust security posture for the liquidity pool architecture. | |
| The audit uncovered several medium-risk issues, primarily around bridge integration, access controls, and rounding behaviors, all of which were addressed by the team before deployment. No critical vulnerabilities were found, indicating a relatively secure baseline with standard post-audit fixes applied. | |
SRLabs (Security Research Labs)03-10-2023 |
| The audit found no critical vulnerabilities, with only one medium-severity DoS issue that was promptly fixed and two informational benchmarking gaps, indicating the liquidity pools cross-chain infrastructure has reasonable security posture at the time of review. |
Backers
Anemoy, as the asset management arm of Centrifuge, benefits from Centrifuge's investor base and has secured strategic anchor investments for specific funds:
• Centrifuge Investors (from Centrifuge's "About" page): Bloccelerate, BlockTower, Borderless, Coinbase, Circle, Edessa, Feynman Point, Galaxy, Gnosis, IOSG, ParaFi, Modular, Scytale, Stake, Re7, TRGC, Wintermute.
• Fund-Specific Anchor Investors:
- FalconX: Anchor investor for the SPXA (S&P 500 Index Fund token) launch (September 2025).
- Grove: Deployed $50M to the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) (September 2025).
- Sky Ecosystem: Approved $1 billion allocation for Janus Henderson's onchain AAA CLO strategy (JAAA) (June 2025).
• Strategic Partners & Backers: Janus Henderson (sub-investment manager), Apollo (ACRDX fund strategy), S&P Dow Jones Indices (licensor), Wormhole (multichain provider), Base (blockchain), Plume (RWA blockchain), Chronicle (oracle network).
No explicit funding rounds, dates, or amounts for Anemoy's equity financing were found on official sources. The noted investments are primarily anchor deployments into specific tokenized funds rather than equity rounds.
Legal
Legal form
Limited company
Registration jurisdiction
Ireland
Status and notes
Anemoy Limited, headquartered in Ireland. Postal address: Unit 4 First Floor, 84 Strand Street Skerries, CO. Dublin K34VW93 Ireland. Privacy Policy (last updated November 2024) references Anemoy as worldwide company headquartered in Ireland. No separate terms/imprint page found; business continuity plan available.