PANews reported on October 10 that according to CoinDesk, the DeFi protocol Ethena announced on Thursday that it would invest its $46 million reserve fund in BlackRock and Securitize's tokenized fund BUIDL, Mountain's USDM token, Superstate's USTB, and Sky (formerly Maker)'s new stablecoin USDS. According to the governance forum post, the protocol reserve fund will allocate approximately $18 million in BUIDL, $13 million in USDS, $8 million in USDM, and $7 million in USTB.