Grove
About
Grove is an institutional-grade credit infrastructure protocol designed to serve as the liquidity engine of onchain finance. Its product, Grove Basin, offers programmable credit infrastructure to provide eligible investors with instant stablecoin liquidity for approved exits from tokenized offchain assets, with a committed daily liquidity of up to $1 billion.
Key facts
At-a-glance profile data
- Website
- grove.xyz
- Headquarters
- Miami, Florida, USA
- Founded
- 2018
- Total funding
- $16M (Funding Round)
- Business model
- B2B
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 30 Nov 2023 | Funding Round | $8M | Placeholder VC, Avon Ventures |
| 22 Jun 2018 | Series A | $8M | - |
Tech stack
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- Hosting
- AWS
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Frequently asked
How much funding has Grove raised?
Grove has raised a total of $16M in funding. The most recent round on record is Funding Round.
What is Grove's current status?
Grove's current operating status is: Inactive.