Ethena rises 11% following $34m proposal from BlackRock’s BUIDL distributor

ethena-rises-11%-following-$34m-proposal-from-blackrock’s-buidl-distributor

Ethena gained bullish momentum after Securitize, the distributor of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), proposed a significant investment. Late on July 23, Ethena Labs, the company behind the USDe stablecoin, posted on X that Securitize requested a $34…

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