We're pleased to support our partners @grovedotfinance & @centrifuge to bring the Janus Henderson Anemoy AAA CLO Fund (JAAA) & the Janus Henderson Anemoy Treasury Fund (JTRSY) natively to @avax 🔺
This is exciting to me for a few reasons:
🔺JAAA is the first AAA-rated CLO to be tokenized onchain at scale. Avalanche will be Centrifuge's 3rd deployment
🔺Grove is @SkyEcosystem's newly established SubDAO, with a mandate to allocate billions to high quality RWA assets. This is Grove's first major chain deployment (outside ETH Mainnet)
🔺All of Grove's RWA allocations will drive yields for the Sky stablecoin ecosystem, creating a scalable path to diversify and boost USDS backing
As DeFi and TradFi converge, stablecoins are going to be the ultimate trojan horse to bring RWA yields onchain in a compliant and scalable way. However, there are very few stablecoin issuers who have the proper framework and experience to make this happen, and Sky has been at the forefront of this since 2022.
It's been a pleasure working with @kevinlichan @AesPoker & the Grove team (who have been phenomenal) to get this over the line.
Stay tuned - more to come!
Avalanche, where capital connects.
A new milestone unlocked for tokenized RWAs: Grove launches with a $250M+ RWA target deployment, introducing @grovedotfinance, @centrifuge, and $373B AUM asset manager Janus Henderson to Avalanche’s growing RWA ecosystem 🔺
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