Securitize Expands Tokenized CLO Fund To Solana As Ethena Plans $250M Allocation

Securitize is expanding its tokenized AAA CLO fund to Solana, while Ethena is evaluating a proposed $250 million allocation that would bring another traditional credit product into the stablecoin collateral conversation.TL;DRSecuritize has expanded its STAC tokenized AAA CLO fund to Solana.Ethena is evaluating STAC as a potential USDe and USDtb backing asset.The proposed allocation is $250 million, but it should be framed as proposed/planned unless governance execution is confirmed.The story is