BlackRock's BUIDL fund is discussing an investment plan worth 34 million dollars with Ethena
PANews reported on July 24th, according to CoinDesk, BlackRock's BUIDL fund is discussing a $34 million investment plan with Ethena, aiming to invest part of Ethena's reserves in tokenized real-world assets (RWA). Ethena plans to use part of its $235 million USDT and $45 million reserve fund for RWA to generate returns.
Ethena Labs announced that early applicants for its reward asset allocation proposal include Securitize (representing BlackRock's BUIDL) and Steakhouse Financial. Ethena has also launched a governance committee composed of risk advisory firms, where ENA token holders will manage key decisions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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