RedStone brings onchain CLO (Collateralized Loan Obligation) market infrastructure to DeFi via a price feed on Stellar, tapping a $1.4T+ traditional market.
DeFi & Yields ·
RedStone has launched a price feed for $deJAAA, the DeFi version of the Janus Henderson AAA CLO fund tokenized by Centrifuge, on the Stellar network. The integration addresses a key challenge in bringing collateralized loan obligations to decentralized finance: pricing assets that typically trade over-the-counter with low market transparency rather than continuously across public venues. The global CLO market is valued at $1.4T+, and with pricing now available onchain, $deJAAA can function as collateral for loans, participate in liquidity pools, and serve within yield strategies. RedStone's feed relies on the underlying terms and conditions of the credit tranches rather than frequent market trades, enabling structured credit exposure to work within DeFi infrastructure.