Ethena Labs: Entities such as BlackRock BUIDL issuers have applied for and received funding from its reserve fund

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BlockBeats News, on July 24th, Ethena Labs announced on its social media platform that Securitize, a BUIDL issuer of BlackRock, and Steakhouse Financial have applied to the Ethena Governance Committee for funding from the Ethena Reserve Fund. It is reported that the Ethena Reserve Fund has a scale of 45 million US dollars, and the issuer is invited to introduce the allocation of its RWA or reward assets to Ethena. After confirmation by the committee, qualified asset issuers will be eligible for funding from the Ethena Reserve Fund.

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