Ethena selects BlackRock BUIDL, USDM, USTB and USDS for $46m tokenised RWA investment
Oct 10 (Reuters) - DeFi protocol Ethena announced on Thursday that it will invest its $46 million reserve fund in BlackRock and Securitize's tokenisation fund BUIDL, Mountain's USDM tokens, Superstate's USDM, and Sky (formerly known as Maker)'s new stable The agreed reserve fund will allocate about $18 million in BUIDL, $13 million in USDM, $8 million in USDM and $7 million in USTB, according to a Governance Forum post.
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.
You may also like
Next Week's Macro Outlook: Fed Rate Cut Cycle Set to Restart, Dot Plot Becomes New Market Focus
This week, the cumulative net inflow of US Ethereum spot ETFs reached $637.6 million.
Tether CEO: USAT, a US-regulated stablecoin, is planned to launch by the end of the year
Trending news
MoreCrypto prices
More
