Securitize brings tokenized CLO fund to Solana with $250 million backing from Ethena

Article excerpt

Securitize has launched a tokenized collateralized loan obligation (CLO) fund on the Solana blockchain, backed by $250 million from Ethena. The move represents a significant expansion of blockchain-based financial instruments, allowing investors to access traditionally institutional debt products through digital tokens. CLOs, which bundle corporate loans into investment-grade securities, have historically been offered through traditional finance channels. By moving this product onto Solana, Securitize aims to democratize access while leveraging blockchain's speed and lower costs. Ethena's substantial backing signals growing institutional appetite for crypto-based fixed-income products.