Securitize Tokenized AAA CLO Fund Hits Solana With $250M Ethena Backing
A major corner of traditional finance just moved further onchain. Securitize has expanded its tokenized AAA CLO fund, known as STAC, to the Solana blockchain, and the announcement carries
➤ Securitize has expanded its tokenized AAA CLO fund (STAC) to the Solana blockchain, attracting a $250 million commitment from Ethena Labs. ➤ This move signifies the increasing integration of traditional, high-grade credit products into public blockchain ecosystems, leveraging Solana's speed and efficiency. ➤ The partnership highlights a growing trend of institutional finance utilizing blockchain for regulated credit products, with BNY serving as custodian and sub-adviser.
















