Grove Finance Shakes Up DeFi With $250M Avalanche-Powered RWA Launch

Avalanche just got heavier—Grove Finance drops a quarter-billion-dollar bomb on real-world assets.

RWA goes chain-native

No more paper promises. Grove's vaulting tokenized assets straight onto Avalanche's rails—$250 million worth of real estate, invoices, and other 'boring' tradfi assets now running on-chain. The yield-hungry mob gets fresh meat.

Wall Street's worst nightmare?

While bankers still fax settlement instructions, Grove's move proves RWAs don't need middlemen—just math. The play? Capture institutional liquidity while pretending this isn't just securitization 2.0. (Spoiler: It totally is.)

Avalanche's scaling gamble pays off

The chain's subsecond finality just became a $250 million sales pitch. Grove's deployment screams institutional confidence—even if half those 'assets' turn out to be Boca Raton timeshares.

Closing thought: Nothing unites crypto bros and pension funds like yield arbitrage. The more things change...

Why is this important?

As the crypto market expands, going live on Avalanche could be a key development. Primarily, its about its potential to drive further adoption of tokenized assets on the platform. That will include stablecoins, U.S. Treasuries, institutional alternative funds and public equity.

Initially, Grove Finance’s launch allows for this traction by bringing on board major RWA players such as Centrifuge and Janus Henderson, an asset manager with over $373 billion in assets under management.

“This deployment proves that complex, large-scale credit strategies can be run natively onchain. By combining Grove’s programmable capital infrastructure with Centrifuge’s RWA experience and Avalanche’s performance, we’re driving forward the next generation of financial services onchain with next-level efficiency and utility,” said Morgan Krupetsky, vice president of onchain finance at Ava Labs.

The platform is tailored for institutional capital flows, built to make access to credit markets easier and efficient for onchain protocols, asset managers, and decentralized autonomous organizations.

Grove counts Deloitte, Citigroup and BlockTower veterans among its founding members, and targets the  multi-trillion-dollar RWA market.

Avalanche will be a key strategic partner in this, the Grove team said.

“Avalanche’s long-term vision for real-world assets and proven onchain operating history make them the perfect partner for Grove’s institutional credit infrastructure. Combining our capital allocation engine with Avalanche’s high‑performance blockchain and Centrifuge’s DEEP pipeline of tokenized assets lays the foundation for a new era of scalable, onchain credit markets,” said Mark Phillips, co-founder of Grove Labs.

Avalanche’s RWA market

Institutional-grade RWA products set to launch on Avalanche amid this partnership includes the Janus Henderson Anemoy AAA CLO Fund and the Janus Henderson Anemoy Treasury Fund. 

According to rwa.xyz, the Avalanche network currently boasts deployed tokenized assets such as BlackRock’s BUIDL and Franklin Templeton’s BENJI – U.S. Treasuries debt, also available on other chains. The majority of onchain value on Avalanche is however in stablecoins.

VanEck announced the launch of its digital assets alpha fund on Avalanche in May. Meanwhile, blockchain platform Watr said in April it planned to use Avalanche for its onchain venture targeting the $20 trillion commodities market.