BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan

BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan

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Source: Coindesk.com

Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock's BUIDL fund pitched for a $34 million allocation, while Steakhouse Financial applied with a lending vault on Morpho Blue.

Read More https://www.coindesk.com/business/2024/07/23/blackrocks-500m-tokenized-fund-pitches-for-ethenas-rwa-investment-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan" appeared first here Coindesk.com.

Source: Coindesk.com

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