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Ethena is the largest LP of the BlackRock BUIDL Fund, with an indirect holding of approximately 1.3 billion USD

2025-04-25 14:03:24
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ChainCatcher news, according to Token Terminal data, approximately 90% of the assets of the stablecoin USDtb issued by Ethena Labs are supported by its LP shares in the BlackRock BUIDL fund, indirectly making it the largest liquidity provider of the fund, with a position size of 1.3 billion dollars.

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Ethena LP USDtb BlackRock BUIDL Fund
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