Ethena partners Anchorage for institutional lending

Ethena Labs has partnered with Anchorage Digital to manage off-chain collateral for its institutional lending operations. This collaboration allows Ethena to offer loans to institutions while ensuring their assets remain securely custodied by Anchorage. Anchorage's Atlas Collateral Management platform will provide real-time monitoring, automated margin processes, and rule-based actions to support these lending activities. This move is part of Ethena's broader strategy to diversify its USDe reserves away from a sole reliance on perpetual futures, enhancing its institutional appeal and security.