Grove was developed by Grove Labs and incubated by Steakhouse Financial, a DeFi advisory firm known for pioneering RWA integration into Sky.

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The protocol was incubated by DeFi specialist Steakhouse Financial, a firm that played a key role in bringing real-world assets into the Sky system.

Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial, which itself was incubated by the Sky ecosystem most known for launching the DAI and USDS stablecoins.