Securitize and Ethena launch $100 million BUIDL liquidity facility
Securitize and Ethena Labs have launched a $100 million liquidity facility that lets eligible holders of BlackRock's BUIDL token swap into USDC and other stablecoins around the clock. The arrangement adds 24/7 redemption rails to a tokenized money-market product, improving liquidity for institutional holders. Traders should watch whether this deepens secondary-market liquidity for tokenized treasuries and stablecoin flows.