#Grove
1 article tagged #Grove — curated RWA tokenization coverage.
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.