Grove becomes strategic stakeholder in Centrifuge ecosystem with 37.8 million CFG token acquisition

Grove Finance just put a very large chip on the table for Centrifuge. The firm acquired 37.8 million CFG tokens to become a strategic stakeholder in the tokenized asset platform’s ecosystem, building on a relationship that already involves more than $1.27B deployed across Centrifuge’s infrastructure. What Grove is actually buying into Grove Finance operates within the Sky ecosystem, formerly known as Maker, and has been steadily expanding its footprint in real-world asset tokenization. Centrifuge provides the rails for that expansion: an on-chain platform purpose-built for institutional-grade tokenized assets like treasuries, credit, and structured products. The $1.27B already flowing through Centrifuge’s systems represents actual capital deployed into tokenized asset pools, making this one of the larger live integrations in the RWA space. Centrifuge now lists Grove alongside names like BlackRock and Apollo as ecosystem partners. The runway that got them here In July 2025, Grove announced a $250M target allocation for real-world assets on Avalanche, part of a broader strategy to diversify its capital deployment across multiple chains. Then in May 2026, the Basin liquidity facility ...