BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%

Source: CoinDesk Ethena’s proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum’s development organization. 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… Continue reading BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%