Ethena to Invest $46M in Tokenized Funds Including BlackRock’s BUIDL and Sky’s USDS

TL;DR Ethena has allocated $46 million of its Reserve Fund to real-world asset-backed (RWA) assets. Selected assets include BUIDL, USDS, USDM and USTB, seeking diversification and yield. This move aligns with the trend of DeFi platforms investing in real-asset-backed products to generate yield. The recent decision by Ethena, a decentralized finance (DeFi) protocol, to invest ... source: https://crypto-economy.com/ethena-to-invest-46m-in-tokenized-funds-including-blackrocks-buidl-and-skys-usds/