Securitize Launches $100M BUIDL Facility Backed by Ethena
The facility lets approved BUIDL holders swap into stablecoins or back into the fund, with $100 million in total capacity, Securitize said.
- On Thursday, Securitize Corp. and Ethena Labs announced a $100 million 24/7 liquidity facility for BlackRock's USD Institutional Digital Liquidity Fund , enabling eligible investors to exchange the fund for stablecoins outside traditional market hours.
- Digital assets operate continuously, while traditional financial markets remain constrained by banking hours and settlement infrastructure, creating inefficiencies the facility addresses for institutional participants.
- The facility launches with $50 million in initial liquidity—$25 million in USDC and $25 million in BUIDL—with an additional $50 million available within approximately one hour as liquidity is utilized.
- "Institutional liquidity needs to keep pace," said Ethena Labs Founder Guy Young. Securitize Co-Founder and CEO Carlos Domingo added the infrastructure helps "bring more of the world's assets onchain."
- The launch builds on Securitize and Ethena's existing collaboration around USDtb, Ethena's digital dollar product, expanding infrastructure that connects institutional tokenized assets with onchain liquidity.
18 Articles
18 Articles
Securitize launches $100M BUIDL facility backed by Ethena
Securitize has launched a liquidity facility with up to $100 million in capacity for eligible holders of BlackRock’s BUIDL fund, allowing exchanges to access supported stablecoins outside traditional market hours with support from Ethena. Securitize announced the launch on Nov.…
Securitize and Ethena Open 24/7 BlackRock BUIDL Liquidity Facility With $50 Million Funded
Securitize and Ethena Labs have switched on a round-the-clock liquidity facility for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), opening it with $50 million and the ability to add the same again within an hour, the two companies announced on Thursday. The facility lets eligible investors trade BUIDL, BlackRock’s tokenized fund, for stablecoins such as USDC and swap those stablecoins back into BUIDL when banks and traditional ma…
PR Newswire
GlobalFinTechSeriesSecuritize and Ethena Launch $100 Million Liquidity Facility for BlackRock's BUIDL
/PRNewswire/ -- Securitize Corp. (NYSE: SECZ), the leader in tokenized assets, and Ethena Labs today announced the launch of a $100 million 24/7 liquidity...
BlackRock BUIDL launches $100M 24/7 liquidity facility with Securitize and Ethena - The Cryptocurrency Post
Securitize and Ethena said they have launched a $100 million 24/7 liquidity facility for BlackRock’s BUIDL, giving eligible investors a way to exchange the tokenized fund for supported stablecoins, including USDC, outside traditional market hours. The companies said the facility is supported by Ethena and operated through Securitize. It is designed to let eligible holders […]
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CryptopolitanBlackRock's BUIDL fund gets a weekend USDC exit through Securitize and Ethena
Eligible holders of BlackRock’s BUIDL can now swap BUIDL for USDC and other stablecoins after banking hours and on weekends. The facility was created by Securitize and Ethena and was launched on Thursday. The pool started with $50 million of funding against a $100 million cap. Securitize runs the facility and Ethena backs it Approved investors can trade BUIDL for supported stablecoins like USDC or convert those stablecoins back into BUIDL, accor…
Securitize And Ethena Launch $100M Liquidity Facility For BlackRock BUIDL
Securitize and Ethena Labs have introduced a $100 million liquidity facility for BlackRock’s BUIDL fund. The service starts with $50 million in liquidity and allows eligible investors to exchange fund tokens for stablecoins outside traditional banking hours. Another $50 million may become available as investors use the initial pool.
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