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Grove launches a $1 billion liquidity facility to support BlackRock's BUIDL and other tokenized funds for instant redemption

2026-05-14 21:04:55

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Blockchain credit infrastructure company Grove has launched a liquidity network called Basin, which can initially provide up to $1 billion in stablecoin liquidity daily to support instant redemptions for tokenized U.S. Treasury funds such as BlackRock BUIDL and Janus Henderson Anemoy Treasury Fund (JTRSY).

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Grove Basin Tokenized US Treasury Fund

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Grove Basin Tokenized US Treasury Fund

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