Grove Announces Strategic Stake in Centrifuge Ecosystem, Deepening Long-Term Partnership
Grove has deepened its strategic partnership with Centrifuge by acquiring an initial position of 37.8 million CFG tokens. This move aligns Grove’s institutional-grade capital allocation infrastructure with Centrifuge’s tokenization platform to accelerate the growth of onchain finance. The collaboration builds upon existing integrations that have already facilitated over $1.27 billion in deployments, including tokenized products from Apollo and Janus Henderson. This development occurs as the broader RWA market experiences significant expansion, with total onchain tokenized assets rising from $12 billion to over $38 billion since June 2025. Centrifuge has seen its own total value locked climb to $1.64 billion during this same period, reflecting increased institutional adoption. By becoming a governance-aligned stakeholder, Grove aims to solidify its role as a liquidity backbone for onchain treasuries and protocol reserves. This partnership highlights the ongoing maturation of the RWA sector, where specialized infrastructure providers are increasingly integrating to create more durable and liquid credit markets.
- ▸Grove acquired 37.8 million CFG tokens to deepen its strategic partnership with Centrifuge.
- ▸Centrifuge infrastructure supports over $1.27 billion in deployed institutional-grade tokenized assets.
- ▸Total onchain RWA market value grew from $12 billion to $38 billion since June 2025.
- ▸Centrifuge TVL increased to $1.64 billion, supporting assets from Apollo and Janus Henderson.
Centrifuge is a decentralized platform that enables the tokenization of real-world assets, allowing traditional financial instruments like credit and invoices to be used as collateral in DeFi. Grove Labs provides institutional-grade credit and liquidity infrastructure, specifically designed to facilitate the allocation of capital into these tokenized assets. Together, they bridge traditional financial markets with blockchain-based protocols to provide scalable, onchain credit solutions.