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BlackRock’s Tokenized Fund BUIDL Pitched to Ethena as Reserve Asset

by Index Investing News
July 24, 2024
in Cryptocurrency
Reading Time: 1 min read
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Ethena’s open competitors is the most recent instance of tokenized RWAs getting more and more used within the crypto-native, decentralized finance (DeFi) world. Most lately, DeFi lender MakerDAO introduced plans to speculate $1 billion of backing property of the DAI stablecoin in tokenized Treasury merchandise, whereas ArbitrumDAO, an ecosystem growth group of Ethereum layer-2 Arbitrum, finalized an analogous contest to allocate the equal of 35 million of ARB tokens in tokenized choices.



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