PANews reported on March 26 that according to Arkham, Ethena Labs recently increased its holdings of BlackRock BUIDL-I class tokens by $225 million, bringing its total holdings of BUIDL tokens to more than $1 billion. The BUIDL fund is issued by BlackRock in cooperation with Securitize, and mainly invests in U.S. Treasury bonds, cash and repurchase agreements, aiming to provide investors with stable returns.
Ethena Labs Holds Over $1 Billion in BlackRock’s BUIDL Fund
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