Janus Henderson becomes Avalanche validator, expands tokenization push
- —Janus Henderson, with $373 billion under management, became an Avalanche validator
- —The JAAA fund has grown to $690 million across eight blockchains
- —Grove plans to invest up to $250 million in Janus Henderson's Avalanche products
- —The JAAA portfolio consists of 36 AAA-rated CLOs with no defaults
Why it matters: A major institutional player combining the roles of issuer and infrastructure strengthens the tokenized RWA sector on Avalanche.
Source: Crypto Briefing