Securitize Expands STAC Fund to Solana with $250M Ethena Commitment

Key Highlights

• Securitize has expanded its Tokenized AAA CLO Fund (STAC) to the Solana blockchain.
• STAC provides exposure to AAA-rated collateralized loan obligations (CLOs), a segment of the $1.3 trillion global CLO market.
• The fund was developed in partnership with BNY Mellon to bring institutional-grade credit products on-chain.

Securitize, a company that turns real-world assets into tokens, is now offering its high-quality collateralized loan obligation (CLO) fund on the Solana blockchain. This expansion makes the fund accessible to a wider range of investors using the Solana network.

Ethena is investing a substantial $250 million into this project, making it one of the biggest investments of its kind in tokenized credit products on the Solana network, according to an official announcement.

STAC invests in highly-rated (AAA) collateralized loan obligations, or CLOs. CLOs are complex financial products built from collections of loans made to companies. The AAA-rated portions of these products are considered the safest, as they are designed to offer the most protection against losses compared to other parts of the CLO.

This fund was created with help from BNY Mellon, a leading global financial services company. Securitize explains that adding STAC to Solana will make secure, high-quality investments accessible on a fast and popular blockchain, which could open up opportunities for more investors.

We’re enabling access to high-quality lending on Solana, a leading, high-speed blockchain, through the introduction of STAC,” the company announced.

Carlos Domingo, CEO of Securitze, announced that their tokenized AAA CLO Fund—created with BNYglobal—is now expanding to the Solana blockchain thanks to support from Solana and Ethena.

Convergence of TradFi and decentralized blockchain

This advancement highlights the growing connection between conventional financial systems and the innovative world of blockchain technology. STAC provides investors with the opportunity to invest in highly-rated, secure loan packages known as collateralized loan obligations (CLOs).

Collateralized loan obligations, or CLOs, group together corporate loans – often loans to companies with a lot of debt – and divide them into sections based on risk. The highest-rated sections, known as senior tranches and the focus of STAC, are very secure and have historically seen few defaults.

With over $1.3 trillion in outstanding debt, the market for Collateralized Loan Obligations (CLOs) is huge. Tokenization could significantly benefit this market by making it easier to buy and sell CLOs, speeding up transactions, and increasing clarity. Currently, CLO trading is largely done privately between institutions.

Why Securitize selected Solana for STAC launch 

Choosing Solana for expansion makes good sense. It’s a fast network with low transaction fees and a growing collection of decentralized finance (DeFi) apps, attracting interest from many financial institutions who have been testing or launching projects on it recently.

According to Nick Ducoff, who leads institutional growth at Solana, the platform is now the top choice for institutions bringing their money onto the blockchain. The recent launch of STAC on Solana demonstrates how traditional finance and blockchain markets are increasingly coming together.

He also stated that they are thrilled to help develop new digital financial tools and services on the Solana platform.

Ethena’s decision to invest $250 million is especially significant. Ethena, a company that creates cutting-edge stablecoins and ways to earn rewards in the decentralized finance (DeFi) world, is putting a large amount of money into this new tokenized lending platform.

Regulatory clarity increases in key jurisdictions

Recent improvements in regulations and increasing interest from both traditional and crypto investors are creating opportunities for real-world assets that generate returns. Given that interest rates are still high, investing in top-rated CLOs can provide a balanced risk and reward for a variety of investment portfolios.

This partnership strengthens Securitize and Solana’s positions in the growing market for real-world asset tokenization, where many different blockchains are competing to attract institutions. If this project works well, it could open the door for more complex financial products to be created on the blockchain, potentially unlocking access to the vast multi-trillion-dollar bond market.

What Comes Next?

A crucial point to watch is how rapidly Ethena invests into STAC, and if the product becomes more popular throughout the DeFi space.

Increased investment in STAC could help establish tokenized structured credit as a significant type of Real World Asset (RWA). This, in turn, might motivate more financial firms to offer credit-based products directly on blockchains like Solana.

Despite these advancements, this product remains part of a controlled investment system and isn’t like a typical cryptocurrency anyone can buy. Potential investors should carefully review whether they qualify, understand the risks involved (including potential losses and how easily it can be bought or sold), consider any associated costs, and fully grasp how it’s connected to underlying loan investments.

This launch represents further blending of traditional finance and the decentralized world of DeFi. Ethena’s planned $250 million investment, combined with STAC expanding to Solana, shows that tokenized loans are increasingly becoming a key component of crypto’s growing focus on real-world assets.

Read More

• Green Game Jam returns with 70 games teaming up to tackle the climate crisis
• Gold Rate Forecast
• PI PREDICTION. PI cryptocurrency
• EUR CNY PREDICTION
• USD BRL PREDICTION
• Seven Snipers Review: A Sharpshooter Action Movie That Misses More Than It Hits
• USD HKD PREDICTION
• USD TRY PREDICTION
• DOGE PREDICTION. DOGE cryptocurrency
• Fairy Tail Creator Teases Natsu & Lucy’s Romantic Future Ahead of Revival

2026-06-12 21:09