🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
The DeFi protocol Grove has received a $1 billion grant from Sky to develop RWA tokenization asset business.
According to Techub News, as reported by CoinDesk, the DeFi protocol Grove, focused on building institutional-grade credit infrastructure, announced that it has obtained a $1 billion grant from Sky to invest in tokenized collateralized loan obligations (CLOs). The protocol aims to bridge the gap between DeFi and traditional financial assets by bringing on-chain funds into regulated credit investments, focusing on collateralized loan obligations (CLOs). Grove's infrastructure allows crypto-native protocols and asset management companies to invest in real-world assets (RWA), thereby activating idle reserves and generating returns independent of the crypto market. The protocol is incubated by the DeFi professional institution Steakhouse Financial, which played a key role in introducing RWA to the Sky ecosystem.