Grove is deploying two Janus Henderson financial products—the Anemoy AAA CLO Fund and Treasury Fund—on Avalanche blockchain to tokenize $250 million worth of real-world assets (RWAs), including US Treasurys and collateralized loan obligations (CLOs). This initiative will more than double… Read More »Grove to Deploy $250 Million in Tokenized RWAs on Avalanche via Janus Henderson Funds
LG CNS, a technology subsidiary of South Korea’s LG Group, is evaluating the Avalanche blockchain as the foundation for a private Korean won-pegged stablecoin. This exploration builds upon the company’s earlier Project Hangang, aiming to leverage blockchain technology for enhanced… Read More »LG CNS Explores Avalanche Blockchain for Korean Won Stablecoin Initiative
South Korea has initiated a collaboration with the Avalanche blockchain to develop a won-backed stablecoin and overhaul national payment systems, aligning with its fintech advancement goals. The partnership leverages Avalanche technology to automate financial processes through Travel Wallet, enhancing transaction… Read More »South Korea Partners with Avalanche to Develop Won-Backed Stablecoin and Modernize Payments
Travel Wallet and Avalanche are in discussions to launch a Korean Won (KRW) stablecoin on Avalanche’s blockchain, targeting enhanced digital payments and cross-border remittance solutions in South Korea. The collaboration leverages Avalanche’s high-speed, scalable infrastructure to ensure security and regulatory… Read More »Travel Wallet and Avalanche Explore Korean Won Stablecoin for Cross-Border Payments