Deep Tide TechFlow News, June 12, according to The Block, Ethena Labs will allocate $250 million to Securitize's tokenized AAA-rated CLO fund STAC, which has already launched on Solana. STAC is launched by Securitize in partnership with BNY, investing in USD-denominated AAA-rated secured loan certificates, targeting the structured credit market.



According to the information in the article, STAC currently manages $102 million from 4 investors. The report states that this move is part of Ethena Labs' efforts to promote real-world asset allocation and diversify its synthetic USD products USDe and USDtb collateral assets.
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