🤝👀 AVAX, CFG & RWA: Big Moves in Real-World Assets!
Grove, a credit protocol within the Sky ecosystem, is officially expanding to the Avalanche $AVAX network — and it’s making a massive entrance. 🚀
🔗 The protocol plans to issue up to $250 million in tokenized real-world assets (RWAs), marking a major step forward in bridging traditional finance and blockchain.
💼 Where’s the capital going?
Grove will invest in the Janus Henderson Anemoy AAA CLO fund, a tokenized structured credit product launched via Centrifuge (CFG) — one of the leading platforms in the RWA sector.
📌 Why this matters:
• ✅ Brings institutional-grade credit on-chain
• 🌉 Bridges DeFi and TradFi through Avalanche’s fast, scalable infrastructure
• 💰 Unlocks access to high-quality yield opportunities backed by real-world collateral
The integration of $AVAX , CFG, and tokenized CLOs shows how RWA adoption is accelerating — and it could signal the next massive wave of DeFi innovation. 🌐🔥
