Securitize Launches Tokenized AAA CLO Fund; Grove Plans $100M Anchor Investment with BNY as Custodian

Why It Matters

By bringing high‑quality, AAA‑rated credit to blockchain, the fund expands institutional access to tokenized real‑world assets and accelerates a market projected to reach $18.9 trillion by 2033.

Deal Summary

Securitize rolled out the Securitize Tokenized AAA CLO Fund (STAC) on Ethereum with BNY providing custody and fund services. Onchain allocator Grove plans a $100 million anchor investment pending governance approval, and BNY’s Insight will manage investment operations.