Sky approves $1 billion allocation for Janus Henderson’s onchain fund using fresh-out-of-stealth Grove infrastructure - centrifuge, defi, usds, clo, block, ethereum, The Block, mkr, sky, Crypto, dai

Sky approves $1 billion allocation for Janus Henderson’s onchain fund using fresh-out-of-stealth Grove infrastructure

Grove, a DeFi-focused institutional-grade credit infrastructure protocol that part of the Sky ecosystem, launched out of stealth Wednesday in a big way. According to an announcement, Sky (formerly MakerDAO) approved a $1 billion allocation into the J