Grove Finance has officially launched on the Avalanche network, targeting an initial investment of up to $250 million in real-world assets (RWAs) as part of its institutional-grade credit protocol.
This initiative aims to enhance Avalanche’s institutional ecosystem by introducing new capital and partners, including Centrifuge and Janus Henderson, which manages $373 billion in assets. The collaboration is designed to leverage Avalanche’s speed, low fees, and transaction finality to create programmable credit strategies that align with regulatory standards. Grove’s deployment is the first step in a broader roadmap to modernize financial infrastructure and streamline workflows for both retail and institutional investors. The partnership aims to bridge decentralized finance (DeFi) with traditional markets, setting a new benchmark for onchain institutional credit.
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