Grove, an institutional-grade credit protocol, aims to deploy two Janus Henderson products on the Avalanche blockchain to target $250 million in real-world assets (RWAs). This strategic initiative will enhance Avalanche's tokenization capabilities significantly. The partnership focuses on two funds: the Janus Henderson Anemoy AAA CLO Fund, which provides exposure to the collateralized loan obligation market, and the Janus Henderson Anemoy Treasury Fund, which offers access to short-term U.S. Treasury bills. Both funds are issued on-chain through Centrifuge. With these deployments, the total on-chain value of RWAs on Avalanche will more than double, increasing from $195 million to over $445 million. While Ethereum leads in the RWA market, other platforms like Aptos and Solana are also gaining ground, attracting significant issuers. The article highlights the growing importance of tokenization in private credit markets and hints at future growth areas, including equities and commodities.

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