Grove Finance Doubles Down on Centrifuge with $37.8M CFG Token Purchase

Grove Finance has deepened its stake in Centrifuge's $1.27 billion real-world asset platform by acquiring 37.8 million CFG tokens.

This significant investment builds on Grove's existing portfolio of over $1.27 billion deployed across Centrifuge's infrastructure, highlighting the company's strong institutional commitment to tokenized assets.

Centrifuge supports institutional-grade tokenized assets like treasuries and credit, competing with platforms such as Ondo Finance and Maple.