coin-img-ETHETH+1.69%coin-img-BTCBTC+1.98%coin-img-SOLSOL+3.21%coin-img-USDCUSDC-0.05%coin-img-XRPXRP+2.07%coin-img-GENSYNGENSYN-3.81%coin-img-HYPEHYPE+6.52%coin-img-OPNOPN-7.97%coin-img-ETHETH+1.69%coin-img-BTCBTC+1.98%coin-img-SOLSOL+3.21%coin-img-USDCUSDC-0.05%coin-img-XRPXRP+2.07%coin-img-GENSYNGENSYN-3.81%coin-img-HYPEHYPE+6.52%coin-img-OPNOPN-7.97%coin-img-ETHETH+1.69%coin-img-BTCBTC+1.98%coin-img-SOLSOL+3.21%coin-img-USDCUSDC-0.05%coin-img-XRPXRP+2.07%coin-img-GENSYNGENSYN-3.81%coin-img-HYPEHYPE+6.52%coin-img-OPNOPN-7.97%coin-img-ETHETH+1.69%coin-img-BTCBTC+1.98%coin-img-SOLSOL+3.21%coin-img-USDCUSDC-0.05%coin-img-XRPXRP+2.07%coin-img-GENSYNGENSYN-3.81%coin-img-HYPEHYPE+6.52%coin-img-OPNOPN-7.97%

Ethena Labs to Commit $250 Million to Securitize's STAC Fund on Solana

Ethena Labs plans to allocate $250 million to STAC, a tokenized AAA-rated CLO fund launched by Securitize that is now available on Solana, The Block reported. Developed by Securitize in collaboration with BNY, STAC invests in U.S. dollar-denominated, AAA-rated collateralized loan obligations. The fund currently manages $102 million from four investors. Ethena said the investment is intended to broaden the collateral base supporting its USDe and USDtb tokens.
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