🚀 **Ethena Labs Invests $46M in Tokenized Funds!**

Ethena Labs, the DeFi protocol behind the $2.5B USDe "synthetic dollar" token, is making waves! They've announced a $46M investment in tokenized funds from BlackRock's BUIDL, Sky's USDS, Mountain's USDM, and Superstate's USTB.

- **Allocation Breakdown:**

- $18M in BUIDL

- $13M in USDS

- $8M in USDM

- $7M in USTB

This strategic move aims to earn yield on surplus funds, aligning with the trend of DeFi platforms investing in real-world asset-backed tokens. 🌐

What do you think about DeFi protocols investing in RWA-backed tokens? Drop your thoughts below! 💬