Web Asset Manager Anemoy Teams Up with Chronicle for…

Web3 Asset Manager Anemoy Teams Up with Chronicle for Real-Time Data on Treasuries Fund

By Waqar Ahmed, Public Equities • September 24, 2024

Web3 asset manager Anemoy has decided to get serious about transparency by partnering with oracle provider Chronicle. Their goal? To keep everyone informed with real-time data for Anemoy’s onchain Treasuries fund, which is built on the Centrifuge platform.

If you’re wondering what that means, think of it as bringing a pair of binoculars to a foggy day—you finally get to see what’s really going on!

Anemoy’s Fund Gets a Shiny New Badge

Anemoy’s Liquid Treasury Fund has been making waves. It recently got a high rating from a top credit rating agency, which is kind of like getting a “Best in Show” ribbon at the county fair. This fund offers exposure to short-term U.S.

Treasury bills and operates on Anemoy’s own platform, Tabula. Sounds impressive, right? It’s like having a VIP pass to the world of government bonds.

The Centrifuge platform, which works with both Ethereum and Polkadot blockchains, is where Anemoy does its magic—managing real-world assets in a decentralized way. They’ve even brought in a heavyweight asset manager to make sure everything’s running by the book. Now that’s what I call playing it safe!

Trust and Transparency, Without the Fine Print

Nik Kunkel, the guy behind Chronicle, says this partnership is all about building trust. He claims their oracle system is like the ultimate truth detector, ensuring that the fund’s performance is crystal clear.

In other words, it’s like having a friend who’ll always tell you if you have spinach in your teeth—no sugarcoating here!

Anemoy’s approach has caught the attention of some big players in the financial world. Their fund structure is so solid that it’s almost a copycat of a model used by a global financial giant. Coincidence or just great minds thinking alike? I’ll leave that up to you!

Venturing into the Crypto Wilderness

This collaboration is a bold move for traditional asset managers stepping into the unpredictable world of crypto. It’s kind of like watching your conservative uncle buy his first pair of ripped jeans—unexpected, but surprisingly fitting. More and more traditional finance firms are exploring blockchain, so this partnership is just one of many bridges being built between old and new finance.

Meet Anemoy: The Zeus of Asset Management

Named after the Greek gods of wind, Anemoy is here to blow through the entire lifecycle of onchain asset management. They handle everything from origination to tokenization, securitization, management, and distribution. It’s like having a full-service financial concierge, without the snooty attitude.

Wrapping It Up

In a world where everyone’s looking for more transparency, Anemoy and Chronicle are stepping up. They’re making it easier to see where your money is going, and who doesn’t want that? So, whether you’re a seasoned investor or just someone curious about where this whole crypto thing is heading, keep an eye on these two. Who knows, maybe one day we’ll all be talking about our blockchain portfolios over coffee like it’s no big deal. Hey, a person can dream, right?