According to Arkham, Ethena Labs recently increased its holdings of BlackRock BUIDL-I tokens by $225 million, bringing its total holdings of BUIDL tokens to over $1 billion. BUIDL Fund is jointly issued by BlackRock and Securitize and mainly invests in US treasury bond bonds, cash and repurchase agreements, aiming to provide stable income for investors.
Immutable said on Tuesday that the SEC’s investigation had come to an end. The SEC has taken on a new direction since the Trump administration came back to Washington and following former agency Chair Gary Gensler’s exit in January