According to BlockBeats, on October 10, Ethena Labs announced on its social platform that four entities, including BUIDL (BlackRock/Securitize), USDS (Sky), USTB (Superstate) and USDM (Mountain), received RWA allocations from its reserve fund, and the reserve fund will be distributed in the next few days.

According to reports, the Ethena reserve fund has a size of $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 after confirmation by the committee.