Tag: Ethena

tokenized-fund-budl-hits-1b-ethena-allocates-200m

Tokenized Fund BUIDL Hits $1B, Ethena Allocates $200M

Tokenized Fund BUIDL Surpasses $1 Billion Milestone, Ethena Invests $200 MillionIn a recent development, the BUIDL token, a pivotal component of various yield-generating offerings and a reserve asset, has achieved a significant milestone by...
news-10102024-180146

Tokenized RWA Investment: Ethena Chooses BlackRock’s BUIDL, Mountain, Superstate, and Sky’s USDS

Ethena, a decentralized finance (DeFi) protocol, recently made a significant investment decision regarding its $46 million backup fund. The protocol, known for issuing the $2.5 billion yield-generating USDe "synthetic dollar" token, announced that it...