Overview

• Grove Finance’s expansion leverages its programmable capital engine to facilitate institutional capital flows into onchain credit markets.
• Through Centrifuge’s platform, Grove will deploy Janus Henderson’s Anemoy AAA CLO Fund and Anemoy Treasury Fund to onchain investors.
• The initiative follows Avalanche’s earlier tokenization of $240 billion in New Jersey property deeds and major RWA products from BlackRock and Franklin Templeton.
• Morgan Krupetsky, vice president of onchain finance at Ava Labs, said the deployment proves complex, large-scale credit strategies can be executed natively onchain with enhanced efficiency.
• Backed by DeFi and traditional finance veterans, Grove aims to unlock a multi-trillion-dollar credit market and drive USDS stablecoin growth.