Grove Labs Adds the Level Team to Accelerate the Future of Onchain Yield
Welcoming DeFi-native builders focused on new yield products at the intersection of TradFi and DeFi.
By Kevin Chan
Today, Grove is taking an important step forward in our mission to bridge TradFi and DeFi: the Level team is joining Grove Labs to help expand our product capabilities.
Why Level
Level’s proven track record in designing and operating secure yield primitives aligns closely with Grove’s mission of making structured credit accessible onchain at scale.
“We’ve always believed that building high-quality, accessible onchain financial products requires both innovation and scale,” said David Lee, cofounder of Level. “Joining Grove allows us to bring our vision to a larger platform and build the next generation of onchain yield products together.”
What This Enables
With Level joining Grove Labs, we’re able to accelerate our roadmap, delivering innovative products that continue to bridge the DeFi and TradFi economies.
“Level is a team of DeFi-native builders who are deeply passionate about rethinking how yield is created and distributed onchain,” said Mark Phillips, cofounder of Grove Labs. “Welcoming them into Grove allows us to move faster in building open, democratized yield primitives that meet institutional standards while remaining accessible to a global onchain audience."
Stay tuned for updates on Grove's product roadmap. And welcome Level team!
