Janus Henderson, the $480 billion asset manager, has taken a position in Ethena’s governance token ENA through its ANTIK blockchain initiative. The company also plans to use staked USDe for cash management purposes.
Janus Henderson has formed a strategic partnership with Ethena, which provides tokenized financial infrastructure for institutional investors. As part of the partnership, the company acquired ENA tokens through its ANTIK blockchain initiative and began integration work to use the staked version of Ethena’s synthetic dollar product, USDe, in cash management.
According to the announcement, Janus Henderson is also in talks with Ethena to develop various regulated investment vehicles for USDe and ENA, including exchange-traded funds (ETFs) and exchange-traded products (ETPs). These products are expected to launch in the second half of 2026.
Ethena Adds JAAA Strategy to Reserve Portfolio
As part of the partnership, Ethena is integrating Janus Henderson’s JAAA strategy into USDe’s reserve portfolio. The strategy invests in AAA-rated collateralized loan obligations (CLOs) and is part of Janus Henderson’s tokenized real-world asset (RWA) efforts with blockchain infrastructure providers such as Centrifuge.
Ethena founder Guy Young said in a statement: “We are delighted to partner with one of the world’s leading asset managers. The distribution power and institutional relationship network of this collaboration will play a critical role in making Ethena’s products accessible, familiar and scalable for institutional investors.”
Janus Henderson’s Tokenization Push
Janus Henderson has not been late to enter on-chain capital markets. In September 2024, following in the footsteps of BlackRock and Fidelity International, the company took over management of the $11 million Anemoy Liquid Treasury Fund, a tokenized structure that invests in short-term U.S. Treasury bills.
Janus Henderson was also named last month as a partner alongside BlackRock in Basin, an infrastructure framework launched by Grove. Offering up to $1 billion in daily stablecoin liquidity capacity, the framework aims to provide instant liquidity for tokenized real-world assets through on-chain credit facilities.
ENA Price
At the time of the news flow, ENA was trading at $0.081 on Binance. The token was down 6.80% over the past 24 hours. Its daily range stood between $0.079971 and $0.090237.
