Avalanche gains $250M RWA boost with Grove, Janus Henderson funds
Grove will deploy two Janus Henderson products on the Avalanche blockchain, targeting US Treasurys and collateralized loan obligations.
Grove, an institutional-grade credit protocol backed by Steakhouse Financial, is targeting $250 million in real-world assets (RWAs) on the Avalanche blockchain — a move that will significantly expand the network’s tokenization footprint.
As part of this effort, Grove is partnering with Janus Henderson Anemoy — a $373 billion asset manager known for its mutual funds, exchange-traded funds (ETFs) and alternative investments — to launch two products on Avalanche.
Initially, Grove will deploy the Janus Henderson Anemoy AAA CLO Fund (JAAA) and the Janus Henderson Anemoy Treasury Fund (JTRSY) on Avalanche.
