Grove Protocol and Chronicle Announce Exclusive Oracle Partnership for Onchain Credit Allocation

Chronicle, an oracle infrastructure company, has been named the Exclusive Oracle Partner to Grove Protocol, a credit protocol that aims to expand onchain credit markets. Chronicle will provide the oracle infrastructure required to safely and transparently scale credit allocation across the Grove ecosystem. The partnership will enable the flow of billions in credit allocations into DeFi markets.

Chronicle, a leading oracle infrastructure provider, has been named the exclusive partner to Grove Protocol, a pioneering credit protocol in the decentralized finance (DeFi) ecosystem. The partnership aims to enhance the scalability and transparency of onchain credit markets, with Chronicle's advanced oracle infrastructure set to facilitate billions in credit allocations.

Grove Protocol, part of the decentralized Sky Ecosystem, recently launched with a $1 billion allocation to tokenized collateralized loan obligations such as the Janus Henderson Anemoy AAA CLO Strategy on Centrifuge. The platform seeks to bridge the gap between DeFi and traditional credit markets by offering institutional-grade yields to protocols and asset managers. This strategic move positions Grove as a key player in the evolving landscape of DeFi, where tokenized real-world assets (RWAs) are increasingly becoming the focus of growth and innovation.

Chronicle's role as Grove's exclusive oracle partner is crucial for ensuring the secure and transparent flow of credit within the Grove ecosystem. The partnership will leverage Chronicle's robust data infrastructure to provide verifiable, onchain data that is essential for expanding credit markets. This alignment is particularly significant as Grove prepares to launch new tokenized yield strategies backed by real-world assets.

Niklas Kunkel, CEO of Chronicle, emphasized the importance of this partnership, stating, "Being selected as Grove’s exclusive oracle partner underscores our role as the bedrock powering data for institutional-grade strategies. Together, we’re building the infrastructure that will allow billions in credit allocations to flow into DeFi safely."

The collaboration between Chronicle and Grove marks a significant milestone in the development of decentralized credit markets. By providing reliable, verifiable data, Chronicle ensures that credit allocation strategies are executed transparently and at scale. This partnership not only strengthens the foundation of the Grove ecosystem but also sets a new standard for onchain transparency and security.

Looking ahead, the launch of Grove marks the beginning of a new era in decentralized credit. The partnership with Chronicle ensures that Grove's credit allocation strategy rests on the most verifiable, transparent, and battle-tested oracle infrastructure available. Together, Grove and Chronicle are creating the rails for a financial system that is more transparent, accessible, resilient, and aligned with institutional standards.

References:

[1] https://www.morningstar.com/news/business-wire/20250811098030/chronicle-named-exclusive-oracle-partner-to-grove-enabling-a-new-era-of-onchain-credit-allocation
[2] https://www.coindesk.com/markets/2025/08/11/asia-morning-briefing-tokenized-assets-will-eclipse-defi-chronicle-founder-niklas-kunkel-says