[Galaxy Launches Tokenized CLO on Avalanche and Secures $50 Million Allocation from Grove] BlockBeats News, January 15, Galaxy has completed the issuance of Galaxy CLO 2025-1, a newly issued Collateralized Loan Obligation (CLO) and Galaxy's first CLO project, which will be used to support its lending business. The debt tranches of this CLO were issued and tokenized on the Avalanche chain, with the related tokens now listed on the INX platform, open for trading to qualified investors. The initial issuance size of Galaxy's tokenized CLO is $75 million, of which Grove provided a core allocation of $50 million. This allocation builds upon Grove's prior deployment of $250 million in tokenized real-world assets (RWA) on Avalanche, further advancing its efforts.