TechFlow news, June 29, according to The Block, BlackRock and Ethena Labs announced a deepened collaboration, with the Aladdin platform incorporating USDe into its scope of recognized crypto assets to enhance institutional investors' accessibility to Ethena products and improve liquidity arrangements for BUIDL.
According to the statement, Ethena will also provide a $100 million liquidity mechanism through Securitize, supporting eligible BUIDL customers in exchanging BUIDL for stablecoins such as USDC and USDtb outside normal trading hours. This initiative aims to drive interoperability between digital dollar infrastructure and tokenized financial assets, further expanding the application of tokenized real-world assets in the institutional market.
