CLO (Collateralized Loan Obligation)

CLOs pool hundreds of leveraged loans and issue tranches from AAA (lowest risk, lowest yield) to equity (highest risk, highest yield). Apollo and Securitize launched JAAA — the first on-chain AAA CLO product — bringing institutional structured credit to tokenized markets. Centrifuge SDK provides the most buildable infrastructure for on-chain debt pool tokenization with tranching support.