Avalanche blockchain will receive a significant boost with a 250 million USD investment from Grove and Janus Henderson. This collaboration aims to enhance the RWA market presence, with two funds targeting U.S. Treasury bills and collateralized loan obligations.
With this partnership, Avalanche’s total RWA value will increase more than double to 195 million USD, showcasing the growing importance of tokenized assets on various blockchain platforms, including Ethereum, Aptos, and Solana.
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