GromaCorp launched GromaCoin (GRO), the first permissioned asset to operate on Uniswap’s automated market maker. Issued on Base under the ERC-3643 standard, this security token represents fractional ownership of Groma Real Estate Trust, a US-regulated real estate investment trust focused on multifamily housing in Boston and Providence. It can be traded in a GRO/USDC pool on Uniswap v4 by verified investors, with issuance and redemption at net asset value. The portfolio totals nearly $95 million, net asset value per GromaCoin is $1.07, and the annualized dividend yield is approximately 3.74%. GromaCorp also partnered with Birch Hill and Morpho to allow borrowing USDC against GRO through a facility capped at $5 million.
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