Sky’s Grove Bets Big on Avalanche: $250M RWA Push with Centrifuge & Janus

Avalanche just got a heavyweight backer—Sky's Grove is diving into real-world assets (RWA) with a quarter-billion-dollar play. Partnering with DeFi heavyweights Centrifuge and Janus, they're turning blockchain rails into Wall Street's new playground.

RWA goes rogue

Forget tokenized coffee futures—this trio is chasing institutional-grade yield. The move signals Avalanche's pivot from meme coins to meat-and-potatoes finance. No details yet on collateral, but expect the usual suspects: real estate, invoices, and maybe even some carbon credits for ESG window-dressing.

The fine print

That $250M isn't fresh powder—it's redeployed capital from Sky's Grove's existing war chest. The firms are tight-lipped on timelines, but insiders whisper Q1 2026 for first deployments. Centrifuge brings the tokenization tech, Janus handles the legal labyrinths, and Avalanche? It's just happy to be in the room.

Bottom line: When TradFi and DeFi shake hands, someone's getting fleeced—usually the retail bagholders.