Securitize and Ethena Labs launch $100 million BUIDL liquidity facility

Securitize and Ethena Labs have launched a BUIDL liquidity facility that has reached a total size of $100 million. The facility supports round-the-clock redemptions, allowing eligible investors to exchange tokenized fund shares for supported stablecoins, including USDC, outside normal market hours. Initial liquidity totals $50 million, allocated equally to BUIDL and USDC. An additional $50 million can replenish liquidity within one hour as existing liquidity is used.