Centrifuge: 3F Launches AAA CLO Product Built on Tokenized JAAA Fund - 09 Sep 2026
3F's product offering geared exposure to AAA collateralized loan obligations is live, built on Centrifuge's tokenized JAAA fund. 3F reports over $30 million in total exposure, with JAAA among three institutional real-world assets offered and more than $25 million borrowed on Morpho.The launch shows JAAA being used as onchain collateral rather than held passively, with borrowed positions on Morpho indicating that tokenized credit funds can support structured strategies. Roughly $30 million in stated exposure gives a concrete size reference for this use case. The figures come from 3F's own reporting, so independent verification is limited. Even so, the integration supports the case for adoption-driven repricing of tokenized real-world assets that compose with lending protocols.Institutional assets become better products onchain every day. was designed for composability so other teams can build on it, and 3F just did: leveraged exposure to AAA CLOs, live as a product.