The Sky ecosystem credit protocol Grove brings $250 million in RWA to log in to Avalanche! Asset management giant Janus Henderson joins forces to activate the on-chain credit market.

The Sky ecological institutional-level credit protocol Grove Finance officially announced its deployment to the Avalanche network, planning to introduce up to $250 million of real-world assets (RWA), significantly enhancing the tokenization ecosystem of this Layer 1 Blockchain. This expansion will integrate core RWA participants such as Centrifuge and asset management giant Janus Henderson (with AUM exceeding $373 billion), driving the on-chain credit engine through the yield mechanism of its decentralized stablecoin USDS, opening new channels for investors interested in RWA yield strategies.

( Strategic Layout ) Institutional-Level Protocol Grove Cross-Chain Avalanche, Anchoring $250 Million RWA As a newly launched institutional-grade platform in the Sky ecosystem, Grove Finance aims to accelerate the adoption of the decentralized stablecoin USDS and has confirmed its expansion to the Avalanche network. According to the official announcement, the project will promote the next phase of tokenization of real-world assets (RWA) by supporting a credit engine based on USDS yields, with a goal of achieving up to $250 million in RWA value accumulation on Avalanche.

With the expansion of the crypto market, Grove's landing on Avalanche is seen as a key development, with its core value lying in accelerating the large-scale adoption of tokenized assets within the platform (covering stablecoins, US Treasuries, institutional alternative funds, and publicly traded equities).

( Ecological Synergy ) Integrating Centrifuge and Janus Henderson to Build On-chain Credit Infrastructure Grove Finance introduced heavyweight RWA partners at the start of its launch: RWA protocol pioneer Centrifuge and asset management giant Janus Henderson (the latter manages assets exceeding USD 373 billion). Morgan Krupetsky, Vice President of On-chain Finance at Ava Labs, emphasized: "This deployment demonstrates that complex large-scale credit strategies can run natively on-chain. By integrating Grove's programmable capital infrastructure, Centrifuge's RWA expertise, and Avalanche's high performance, we will drive the next generation of on-chain financial services innovation with unprecedented efficiency and utility."

The platform is specifically designed for institutional capital flows, aiming to provide a more efficient and convenient entry into the credit market for on-chain protocols, asset management companies, and decentralized autonomous organizations (DAOs). The founding team of Grove includes senior members from Deloitte, Citigroup, and BlockTower, with a goal aimed at the trillion-dollar RWA market.

( Technology empowers ) Avalanche as a strategic cornerstone, accelerating the on-chain process of the trillion-dollar commodity market The Grove team has made it clear that Avalanche will become its core strategic partner. Mark Phillips, co-founder of Grove Labs, pointed out: "Avalanche's long-term vision for real-world assets and its proven on-chain operational history make it the ideal partner for Grove's institutional credit infrastructure. The combination of our fund allocation engine with Avalanche's high-performance blockchain and Centrifuge's robust tokenization asset pipeline lays the foundation for a new era of scalable on-chain credit markets."

Under this cooperation framework, the institutional-grade RWA products that will soon be launched on Avalanche include: Janus Henderson Anemoy AAA CLO Fund and Janus Henderson Anemoy Government Bond Fund. According to data from rwa.xyz, the Avalanche network has currently deployed tokenized US Treasury products such as BlackRock BUIDL and Franklin Templeton BENJI (also circulating on other chains), but their on-chain value entities still consist of stablecoins.

It is worth noting that asset management company VanEck launched the digital asset Alpha Fund on Avalanche in May this year; the Blockchain platform Watr also announced in April plans to utilize Avalanche subnet technology to enter the on-chain process of the $20 trillion commodity market.

Conclusion: Grove Finance, leveraging resources from top traditional financial institutions and deploying $250 million in RWA on Avalanche, marks a key step towards the institutionalization and scaling of the on-chain credit market. With heavyweight participants like Janus Henderson and Centrifuge collaborating, the RWA ecological landscape on Avalanche continues to expand. Its path of "high-performance blockchain + compliant assets" may become the core infrastructure for the on-chain migration of traditional trillion-dollar markets. The future on-chain progress of diverse assets such as U.S. Treasuries, CLO funds, and commodities is worth continuous tracking.