BlackRock integrates Ethena's USDe into Aladdin, creates $100M BUIDL liquidity facility

BlackRock will integrate Ethena's yield-generating USDe token into its Aladdin risk platform and create a $100 million liquidity facility for its BUIDL tokenized money market fund, sending ENA up 8%.

• Aladdin is BlackRock's portfolio platform used by institutions overseeing over $20 trillion in assets.
• The $100M facility lets BUIDL holders exchange for USDC and other stablecoins outside market hours.
• Ethena's governance token ENA rose 8% on the news.
• Follows Ethena partnerships with Coinbase, Janus Henderson and Securitize.

Coinporta summarises news for fast scanning. Full reporting belongs to the source.