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Ethena Labs invests $250M in Securitize CLO Fund
The Block·
Ethena Labs is making a significant investment of $250 million into Securitize's Tokenized AAA Collateralized Loan Obligation (CLO) Fund. This strategic move coincides with Ethena's deployment onto the Solana blockchain. The partnership aims to leverage tokenization for traditional finance assets, bridging the gap between decentralized finance (DeFi) and established financial instruments. This allocation underscores Ethena's growing influence and its commitment to expanding the utility of its synthetic dollar, USDe, within the broader digital asset ecosystem.
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fintech
defi
funding
Original Source
The Block — theblock.co