Securitize Expands STAC to Solana with Ethena’s $250M Commitment
- Securitize has expanded its tokenized AAA Collateralized Loan Obligation (CLO) fund, known as STAC, to the Solana blockchain.
- Ethena Labs plans a $250 million allocation to the STAC fund, marking a significant commitment in the Solana ecosystem.
- Solana’s real-world asset activity increased by 75% over the past month, highlighting its growing role in tokenized finance.
- The global CLO market exceeds $1.3 trillion, offering substantial exposure through regulated onchain securities.
The expansion of Securitize’s STAC fund to Solana signifies an increasing integration between traditional financial assets and blockchain technology. With Ethena Labs’ substantial investment, Solana is positioning itself as a key player in the tokenized asset space.
This move underscores Solana’s competitive edge in attracting institutional capital for onchain financial systems, as evidenced by the recent surge in its real-world asset activities and Ethena’s major funding commitment.(Source)
