✅ Avalanche Gains $250M RWA Boost 💥

🏦 Grove, backed by Steakhouse Financial, is bringing $250M in real-world assets (RWAs) to the Avalanche blockchain!

📈 Two Janus Henderson funds will be deployed:

• JAAA – Exposure to the CLO (Collateralized Loan Obligations) market

• JTRSY – Actively managed onchain US Treasury bill fund

🚀 This move will double Avalanche’s RWA footprint, previously at $195M!

📊 Funds issued onchain via Centrifuge, known for tokenized S&P 500 fund & others

💡 Ethereum still leads RWA space (59% share), but Avalanche, Aptos, Solana, Stellar are catching up fast!

🌐 Grove is incubated under Sky (ex-MakerDAO) and aims to revolutionize institutional-grade credit access in DeFi.

📢 Tokenization is no longer just the future — it's happening NOW on Avalanche!

#AvalancheUpdate #AVAX #RWA #DeFi #TokenizationRisks n #USTreasury #CryptoNews #JanusHenderson #Centrifuge #Blockchain #InstitutionalFinance

AVAX

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