Grvt partners with Axcess to tokenize its GLP strategy and bring institutional credit on-chain.
DeFi & Yields ·
Grvt announced a partnership with Axcess, an institutional credit protocol, to tokenize its GLP strategy and establish dedicated vault infrastructure. The collaboration will bring GLP on-chain through ERC-4626 receipt tokens and enable Grvt users to deploy capital into institutional credit facilities underwritten by Axcess. A second USDC-denominated vault is planned to support an additional Grvt strategy, with institutional credit ultimately accessible as a new yield category within Grvt Earn alongside existing market-making and trading strategies.