Etena plans to invest part of the reserves in tokenized real assets

- Ethena Protocol, which governs the USDe token, has announced plans to invest a portion of its reserves in tokenized real assets (RWA).

- Of the $235 million in USDT and $45 million in excess reserves, approximately 7% will be allocated to these investments.

- BlackRock's BUIDL fund asked for $34 million, and Steakhouse Financial offered credit storage on the Morpho Blue platform.

- All applications will be reviewed publicly on the Ethena governance forum.