Avalanche ecosystem adds new move: $75 million CLO tokenized on-chain

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【Blockchain Rhythm】 There’s an interesting development: Galaxy recently completed the issuance of its first CLO project, with a scale of $75 million. This CLO—Collateralized Loan Obligation—has been fully migrated onto the Avalanche chain as a token and is now available for trading to qualified investors on the INX platform.

The driving force behind this is Grove, which invested $50 million as a core allocation this time. This is yet another deployment of their funds on Avalanche. It’s worth noting that Grove previously tokenized $250 million worth of real-world assets (RWA) on this chain, so this move is essentially a further increase in their investment.

This actually reflects a larger trend: traditional financial instruments are gradually moving onto the blockchain. Products like CLOs, which are already mature in traditional markets, are now starting to circulate in token form on the blockchain. This is quite meaningful for the development of the RWA ecosystem and the Avalanche ecosystem.

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WenAirdropvip
· 18h ago
Grove has increased their investment again, it seems they have quite a lot of confidence in Avalanche. The trend of moving traditional finance onto the blockchain really never ends. CLO tokenization is indeed fresh, but the threshold for qualified investors is a bit annoying. 75 million is not small, but this trend is worth paying attention to. INX platform has launched, and the sense of compliance is becoming stronger. Grove's 50 million investment is really a bet on the future of Avalanche. Moving all traditional financial instruments onto the blockchain, it feels like one day stocks will also be tokenized... This wave of CLO tokenization, to be honest, is just an extension of RWA, nothing particularly surprising. Galaxy's move of 75 million shows strong confidence from the financial institutions behind it. Avalanche is becoming more and more "financial" now, not like a public chain but more like an asset exchange.
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GasSavingMastervip
· 18h ago
Grove's move is really impressive, pouring 50 million directly into it. Avalanche is now being watched by major investors. Traditional finance is moving towards full on-chain integration, which is a bit concerning. CLO going on-chain can be played like this—compliance investors' happy times are here. Galaxy and Grove collaboration, this script is well written. Is Avalanche about to take off? But will the transaction fees explode again? The RWA track is so hot, it seems like everyone wants a piece of the pie. A project with a size of 75 million isn't too big, but it definitely sends a signal.
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AirdropGrandpavip
· 18h ago
Who the hell knows what Grove has seen on Avalanche, spending 250 million on RWA isn't enough, now they're throwing another 50 million into CLO... Is this real or what? Traditional finance going increasingly on-chain is getting crazy, but I still want to ask—qualified investors are in, when will retail investors get a chance? Avalanche is really eating up the market, the Galaxy+Grove combo is something else. Tokenization of CLO on-chain is no longer news, but the question is how many can actually run it... I haven't heard of this platform INX before. 75 million USD sounds impressive, but is the RWA track really reliable, or is it just another round of cutting the leeks with a different name?
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BearMarketSunriservip
· 18h ago
Traditional finance going on-chain, Grove is really going all out—2.5 billion isn't enough, let's throw another 50 million... Tokenization of CLO sounds fancy, but does anyone really want to take this on? Avalanche, is this their comeback? They've poured so much money into it. Is Grove truly wealthy or just betting on Avalanche's revival... Paper wealth, let's see if it can actually circulate. Qualified investors—translate this as retail investors, stay away. I know this vibe too well. Moving traditional finance onto the blockchain, honestly, it's still about reducing costs. Is it truly innovative? Who knows. Wait, Galaxy + Grove + Avalanche—this combo seems interesting. Another RWA story, sounds very promising, but once implemented... haha. 50 million to buy Avalanche's future, is this bet worth it? This round of traditional finance really starting to get involved, or is it just another prelude to cutting the leeks?
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SandwichDetectorvip
· 18h ago
Traditional finance moving on-chain still feels a bit trendy... Can CLO really run smoothly on the chain? Grove's recent 50 million investment is quite aggressive, but it seems like the RWA (Real World Assets) path hasn't seen a breakout hit yet. Qualified investor trading... Are they starting to harvest retail investors again? Avalanche is being viewed positively, and capital is definitely betting on it. The crypto world is again hyping concepts; will they still remember CLO tokenization next year?
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TaxEvadervip
· 18h ago
Grove really went all out this time, 250 million plus 50 million, Avalanche is about to take off Traditional finance is starting to go on-chain, this is the trend, but honestly, it still depends on whether it can stay stable in the future 75 million CLO moved on-chain, can compliance and liquidity keep up? The RWA track has been so hot this year, I'm a bit worried As long as they don't run away, it's fine
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