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PRN · 2026-11-12 14:00 UTC

Securitize and Ethena Launch $100 Million Liquidity Facility for BlackRock's BUIDL

Securitize and Ethena Labs launched a $100 million 24/7 liquidity facility for BlackRock's BUIDL, letting eligible investors exchange BUIDL for supported stablecoins such as USDC and back outside traditional market hours. The facility launches with $50 million in initial liquidity ($25 million USDC and $25 million BUIDL), and an additional $50 million can be made available within an hour as liquidity is used. The release says the facility builds on a framework announced in June as part of an expanded Ethena-BlackRock collaboration, and that Ethena supports it while Securitize operates it.

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