The Securitize Tokenized AAA CLO Fund (STAC) focuses on U.S. dollar-denominated debt tranches, operating without leverage to provide risk-adjusted returns. Developed alongside BNY, which serves as both custodian and sub-adviser, the fund aims to bridge the gap between institutional-grade structured credit and decentralized finance. Carlos Domingo, CEO of Securitize, noted that the move brings a massive segment of the global fixed-income market to one of the most active blockchain ecosystems currently in operation.
In section Cryptocurrency
Ethena commits $250M to Securitize’s tokenized CLO fund on Solana
A $250 million capital commitment from Ethena Labs is set to anchor the expansion of Securitize’s tokenized AAA-rated collateralized loan obligation fund onto the Solana blockchain, marking a significant step in integrating traditional fixed-income credit markets into high-speed, onchain financial infrastructure.
For Ethena, the allocation represents a strategic push to incorporate institutional credit into its capital-efficient financial framework. Guy Young, founder of Ethena, described the move as a validation of institutional-grade products serving as foundational components for the maturing onchain economy. The integration follows broader industry trends, including Coinbase’s recent inclusion of Ethena-related assets in its high-yield lending vaults. With global CLO issuance surpassing $1.3 trillion, Securitize is positioning tokenization as a solution to reduce settlement friction and ownership tracking hurdles. The firm currently manages over $4 billion in tokenized assets, bolstered by partnerships with major financial institutions like BlackRock and Apollo Global Management.
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