Source: Coindesk.com
Decentralized finance (DeFi) protocol Ethena {{ENA}}, issuer of the $2.5 billion yield-generating USDe "synthetic dollar" token, announced Thursday it will invest its $46 million backup fund in BlackRock's and Securitize's tokenized fund BUIDL, Mountain's USDM token, Superstate's USTB and the new USDS stablecoin of Sky, formerly known as Maker.
The protocol's so-called Reserve Fund will allocate roughly
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Source: Coindesk.com