#tokenized clob

[rwatimes]

Securitize Expands STAC, Tokenized AAA CLO Fund, to Solana

/PRNewswire/ -- Securitize, Inc. (which has announced a proposed business combination with Cantor Equity Partners II, Inc. (Nasdaq: CEPT), the leading platform...

➤ Securitize is expanding its Tokenized AAA CLO Fund (STAC) to the Solana blockchain, aiming to bring a significant fixed-income market onto the ecosystem. ➤ Ethena Labs plans to allocate $250 million to the fund, highlighting growing institutional demand for tokenized credit as productive collateral in on-chain markets. ➤ The expansion leverages Solana's speed and low costs for institutional on-chain finance, with STAC offering exposure to AAA-rated CLO tranches.

[rwatimes]

Securitize Launches Tokenized AAA Fund on Solana With $250M Backing

Securitize expands its tokenized AAA CLO fund to Solana as Ethena Labs plans a $250M allocation backed by BNY.

➤ Securitize has launched its tokenized AAA CLO fund (STAC) on the Solana blockchain, bringing AAA-rated collateralized loan obligations on-chain. ➤ Ethena Labs plans to allocate $250 million to the fund, integrating it as collateral for its USDe stablecoin and expanding its RWA exposure. ➤ The move highlights Solana's growing appeal for institutional tokenized credit due to its speed and low transaction costs, with BNY Mellon serving as custodian.