FalconX has partnered with @ethena on a $1 billion secured lending facility, deploying capital from the assets backing USDe into overcollateralized institutional credit. The facility bridges Ethena’s crypto-native liquidity with FalconX’s institutional borrowing demand and marks one of the largest deployments of on-chain capital into secured institutional credit to date. Read more: https://t.co/BtXTD7TxAr

FalconX has partnered with @ethena on a $1 billion secured lending facility, deploying capital from the assets backing USDe into overcollateralized institutional credit. The facility bridges Ethena’s crypto-native liquidity with FalconX’s institutional borrowing demand and marks one of the largest deployments of on-chain capital into secured institutional credit to date. Read more: https://t.co/BtXTD7TxAr

Source:https://x.com/ethena/status/2090106385224634399