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Grove Announces Launch of Institutional-Grade Credit Infrastructure DeFi Protocol with $1 Billion Allocation to Tokenized Janus Henderson Anemoy AAA CLO Strategy

1. Grove launched with $1 billion allocated to Janus Henderson’s JAAA CLO strategy. 2. This funding supports decentralized finance, potentially impacting JHG's investment visibility.

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Why Bullish?

The $1 billion allocation into JHG's CLO strategy enhances its credibility in DeFi. Similar past investments have positively influenced stock prices of firms focusing on innovative financial products.

How important is it?

The collaboration with Grove and the sizable investment signify strategic growth potential for JHG, suggesting that JHG's market positioning is strengthened in the emerging DeFi sector.

Why Long Term?

The integration of DeFi with traditional investments reflects a long-term trend in finance. Companies like JHG that adapt will likely see sustained growth over time.

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CANNES, France--(BUSINESS WIRE)--Grove, an institutional-grade credit infrastructure protocol designed to serve as the liquidity engine of Decentralized Finance (”DeFi”), today emerged from stealth with a $1 billion allocation from the Sky Ecosystem (formerly MakerDAO) into the Janus Henderson Anemoy AAA CLO Strategy (JAAA), a tokenized, onchain vehicle launched in partnership with Centrifuge, using Grove's decentralized infrastructure. The Sky ecosystem approved an allocation deployed using th.

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