home / news / groma-velvet-rope-amm

Velvet rope on the AMM

Velvet rope on the AMM

Uniswap just put a velvet rope on an AMM.

GromaCoin (GRO) went live today as the first permissioned asset on Uniswap's automated market maker. It's an ERC-3643 security token on Base, trading in a GRO/USDC pool on v4 through the Permissioned Pools Hook announced in July.

Verified accredited investors can buy, sell, issue, and redeem against the Groma Real Estate Trust at net asset value. Unapproved wallets get blocked at the token and at the pool. GRO is a stake in a US-regulated REIT of multifamily properties in Greater Boston and Providence.

There's also a Morpho lending market with Birch Hill, capped at $5M of USDC against GRO. Same Uniswap protocol. Different guest list.

The AMM stayed permissionless. This pool didn't get the memo.

Source: Crypto Briefing — Uniswap hosts its first permissioned asset with GromaCorp's real estate token

Coins & projects mentioned

Glossary terms

Sources

Educational content only. Not financial advice.

Raise your Crypto IQ, one stream at a time.

New breakdowns and live Token Autopsy streams on YouTube. Free, unlike most lessons in crypto.