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BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan; ENA Rallies 22%

Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.

By Krisztian Sandor|Edited by Stephen Alpher

Updated Jul 24, 2024, 12:53 p.m. Published Jul 23, 2024, 9:01 p.m.

(Jim Henderson, modified by CoinDesk)