BlockBeats News, January 15 — Galaxy has completed the issuance of Galaxy CLO 2025-1, a brand new Collateralized Loan Obligation (CLO), and its first CLO project, which will be used to support its lending business. The debt tranching of this CLO was issued and tokenized on the Avalanche chain, and the related tokens are now available on the INX platform, open for trading to qualified investors.
Galaxy’s initial issuance of this tokenized CLO is $75 million, with Grove providing $50 million in core allocation. This allocation is an extension of Grove’s previous deployment of $250 million in tokenized real-world assets (RWA) on Avalanche.
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