BlackRock's Tokenized Fund Invests $34 Million in Ethena's RWA Investment Program
Publication Time:2024-07-24 13:31:05
In recent financial developments, the world-leading asset management company BlackRock announced a significant investment move. The company’s $500 million tokenized fund has decided to inject $34 million into Ethena, an investment platform focused on Real-World Assets (RWAs). This move marks BlackRock's further expansion into the realm of cryptocurrencies and blockchain technology, while also bringing substantial financial support to Ethena's RWA investment program. This collaboration is expected to promote a deeper integration between the real estate industry and financial innovation, providing investors with more diversified asset allocation options.
Ethena
BlackRock
Real-world Assets
Tokenized Fund
RWA Investment