According to Foresight News, Ethena announced that BlackRock BUIDL issuers Securitize and Steakhouse Financial have applied to the Ethena Governance Committee for Ethena Reserve Fund grants. The Ethena Reserve Fund is worth $45 million, and issuers are invited to promote their RWA or reward asset allocations to Ethena. Qualified asset issuers will be eligible for Ethena Reserve Fund grants upon confirmation by the committee. Securitize also provides USDe with $250 million in liquidity cash support.
See original
Ethena: Entities such as BlackRock BUIDL issuers have applied for allocations from its reserve fund
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
