Aladdin under BlackRock collaborates with Ethena to launch a $100 million BUIDL liquidity mechanism.

Golden Finance reported that BlackRock's Aladdin announced a partnership with Ethena to provide institutional investors with deeper access to Ethena-related products on its platform and enhance the liquidity and interoperability of its tokenized dollar instruments (including BUIDL). Under the agreement, Ethena will support a $100 million liquidity facility through Securitize, allowing eligible clients to exchange between BUIDL and USDC, USDtb, and other supported stablecoins, and enable two-way conversions outside of trading hours.
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