what's deJAAA?

deJAAA is a tokenized real-world asset (RWA) on the Stellar network, launched by Centrifuge as part of their deRWA initiative. It represents exposure to an AAA-rated Collateralized Loan Obligation (CLO) fund, bridging traditional high-quality fixed-income assets with blockchain for enhanced accessibility, transparency, and efficiency. The token enables investors to participate in institutional-grade finance products on-chain, leveraging Stellar's infrastructure for tokenized funds. It pairs with similar assets like deJTRSY, emphasizing composability in DeFi ecosystems.

deJAAA uses Centrifuge's Price Convergence tech for automated real-world asset pricing.