Grove Finance Launches on Avalanche with $250M+ Target Investment, Accelerating Institutional Onchain Credit with Centrifuge's JAAA

Avalanche is expanding its institutional ecosystem with the launch of Grove Finance, a credit protocol designed to bring real-world assets (RWAs) onchain. This initiative targets $250M+ in tokenized investments and introduces major financial players like Centrifuge and Janus Henderson, aiming to accelerate institutional-grade credit strategies on Avalanche’s high-performance blockchain.

Key Ideas

Grove Finance targets ~$250M in RWAs including stablecoins, fixed income, and alternative assets, marking a major institutional expansion on Avalanche.
Strategic partners include Centrifuge and Janus Henderson ($373B AUM), with allocations into onchain funds JAAA and JTRSY issued via Centrifuge.
Avalanche’s infrastructure enables programmable, regulatory-aligned credit strategies with low fees and fast finality.

Why It Matters?

There is a big opportunity to build credit-focused dApps and integrate RWAs using Avalanche’s infrastructure and Centrifuge’s protocols. Exploring smart contract frameworks that support institutional compliance and asset tokenization will be key.