DEVCONNECT SPECIAL: How Grove Brought $1B in CLOs to DeFi with @kevinlichan of @grovedotfinance
Rob and Andy sat down with Kevin Chan at Devconnect to unpack Grove's rapid rise to $2 billion in TVL and their strategy for bridging TradFi and DeFi.
They're now injecting real capital into the US economy through tokenized CLOs.
In this episode, Kevin walks through how they're winning the Sky star wars, covering:
- What CLOs are and why they matter
- $1B in Janus Henderson AAA CLOs on-chain
- Avoiding conflicts of interest in RWA lending
- Working with BlackRock, Apollo, and institutional players
- USDS surpassing USDE in supply
- All-weather yield strategy beyond basis trades
- Competing in the heating Sky star ecosystem
- Apollo's $50M private credit deployment on Plume
- Why diversification beats concentration
Timestamps:
00:00 Intro
02:15 What is a CLO and Why Tokenize It?
04:33 Avoiding Off-Chain Recursive Lending
07:02 Grove's Edge
09:23 Where Yield Comes From
11:00 Sky Star Competition
Hablando sobre el futuro de las stablecoins en el DeFi Day del Sur de @aave w:
- Grove’s @kevinlichan
- @nlevine19 of @Visa
- @ChainlinkWill of @chainlink
- @claberus of @kpk_io
Moderated by @jacqmelinek of @TokenRelations