Ethena Commits $250M to Securitize’s STAC as $1.3T CLO Market Expands to Solana
➤ Securitize has launched its Tokenized AAA CLO Fund (STAC) on the Solana blockchain, aiming to bring the $1.3 trillion CLO market on-chain. ➤ Ethena Labs has committed $250 million to STAC, integrating it into its USDe synthetic dollar product to expand its real-world asset backing beyond existing collateral. ➤ This move signifies a growing trend of institutionalizing traditional credit markets through tokenization and attracting significant capital to the Solana ecosystem.















