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Crap, missed gains again. No wonder AVAX is having a big pump today!
Avalanche has received $250 million in RWA support from Grove and Janus Henderson funds.
On July 28, news from Cointelegraph reported that the institutional-grade credit protocol Grove is collaborating with asset management company Janus Henderson to deploy two real-world asset (RWA) funds on the Avalanche blockchain, with a total value of $250 million. These two funds are the Janus Henderson Anemoy AAA CLO fund (JAAA) and the Janus Henderson Anemoy Treasury fund (JTRSY). JAAA primarily invests in collateralized loan obligations (CLO) market, while JTRSY provides exposure to short-term U.S. Treasury bonds. Both funds are issued through the tokenization platform Centrifuge, with JTRSY currently managing over $408 million in assets. $AVAX
{future}(AVAXUSDT)