Grove is a newly launched, non-custodial DeFi protocol that aims to streamline capital between crypto and traditional finance by investing in institutional-grade tokenized credit products.

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Grove, a new decentralized finance (DeFi) protocol focused on institutional-grade credit infrastructure, emerged from stealth on Wednesday with a $1 billion commitment to a tokenized asset strategy.

Grove is a non-custodial, decentralized protocol that streamlines capital flows between crypto and traditional finance platforms.