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Ethena Plans $250M Allocation to Securitize's Tokenized AAA CLO Fund STAC on Solana

Ethena Labs plans to allocate $250 million to Securitize's Tokenized AAA CLO Fund STAC, now live on Solana. Issued by Securitize with BNY Mellon, the fund invests in USD denominated AAA rated CLOs and currently manages about $102 million, with a 7 day annualized yield near 2.42% and a 0.3% management fee.
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