Avalanche’s real-world asset footprint more than doubles with the Janus Henderson deployment
A major push in RWA adoption
Avalanche (AVAX) just made a significant leap in its real-world asset (RWA) strategy. Grove, the onchain asset manager backed by the Sky ecosystem (formerly MakerDAO), has deployed $250 million worth of tokenized Janus Henderson funds on the Avalanche blockchain.
The two tokenized assets the Janus Henderson Anemoy AAA CLO Fund (JAAA) and the Janus Henderson Anemoy Treasury Fund (JTRSY) are now live through Centrifuge, a protocol specializing in asset tokenization. Previously issued on Ethereum, both funds are now accessible on Avalanche, offering exposure to short-term U.S. Treasuries and senior collateralized loan obligations.
Avalanche’s RWA base more than doubles
Before Grove’s move, Avalanche’s RWA market stood at approximately $195 million. With the integration of the $250 million Janus Henderson portfolio, that figure has now surged to around $445 million, firmly positioning Avalanche as a leading chain for institutional-grade tokenized assets.
This marks one of the largest single RWA deployments on a non-Ethereum blockchain.
TradFi meets onchain credit strategies
Janus Henderson, a global investment firm with over $370 billion in assets under management, brings credibility and institutional weight to the Avalanche ecosystem. Their partnership with Grove and Centrifuge demonstrates a growing appetite from traditional finance to explore programmable, permissioned exposure to fixed-income markets via blockchain infrastructure.
The tokenized funds allow for:
- 24/7 access and transparency;
- Onchain performance tracking;
- Programmable integrations with DeFi protocols;
- Regulatory alignment and KYC compliance through Centrifuge infrastructure.
Strategic implications for Avalanche
This deployment signals a broader trend of capital migration from traditional markets to blockchain-based finance. As Layer 1s compete to attract regulated institutional capital, Avalanche is quickly becoming a viable alternative to Ethereum’s RWA dominance.
The move also reinforces Grove’s strategy of building modular, composable financial tools for real-world credit, while empowering DeFi users to access structured products once restricted to institutional desks.
Avalanche’s ability to onboard high-caliber assets like U.S. Treasuries and CLOs could redefine how capital flows through decentralized systems. The next phase of blockchain adoption may not come from speculative tokens, but from real assets regulated, yield-bearing, and now fully onchain.
Sources: coindesk, cointelegraph, avalanche foundation, panews
