Ethena Labs Confirms RWA Allocation For Reserve Fund

According to Odaily, Ethena Labs has announced on the X platform that it has finalized the allocation of its Reserve Fund's Real-World Assets (RWA). The Risk Committee has identified four assets for this allocation: BUIDL (Blackrock/Securitize), USDS (Sky), USTB (Superstate), and USDM (Mountain). The Risk Committee comprises five voting members from leading risk and advisory firms: Gauntlet, Block Analitica, Steakhouse, Llama Risk, and Blockworks Advisory. The allocation from the Reserve Fund is expected to be implemented in the coming days, which may result in temporary changes to the fund's balance. The Risk Committee's role includes continuous monitoring of these allocations and providing regular risk updates to institutional groups.