Ethena Labs: assets of BlackRock BUIDL, Sky and four other entities selected for reserve fund RWA allocation
On October 10th, Ethena Labs announced in a post on the X platform that it had finalized the Reserve Fund RWA allocation, specifically, the Risk Committee has identified four entities whose assets have been selected, namely:
- BUIDL (Blackrock/Securitize) - USDS (Sky) - USTB (Superstate) - USDM (Mountain) The Risk Committee consists of five voting members from the industry's The Risk Committee consists of five voting members from leading risk and advisory firms in the industry, namely:
- Gauntlet - Block Analitica - Steakhouse - Llama Risk - Blockworks Advisory from the Reserve Fund. Allocations are expected to take place over the next few days, with interim changes to the Reserve Fund balance, and the Risk Committee is tasked with monitoring these allocations on an ongoing basis and will provide regular risk updates to the institutional community.
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