Securitize, a financial company specialized in tokenized real-world assets (RWAs), announced today the expansion of its Securitize Tokenized AAA CLO Fund (STAC) to the Solana blockchain.
According to the official announcement, the move is backed by a significant $250 million commitment from Ethena, marking one of the largest single allocations to tokenized structured credit products on the Solana network to date.
STAC gives exposure to AAA-rated collateralized loan obligations, or CLOs. These are structured credit products backed by pools of corporate loans. The AAA-rated tranches sit at the senior end of the structure and are designed to carry lower credit risk than junior tranches.
The fund was developed in collaboration with BNY Mellon, one of the world’s largest custodians and asset managers. According to Securitize, bringing STAC to Solana will make high-grade credit products available on one of the fastest and most widely adopted blockchains, potentially lowering barriers for a broader range of investors.
Today we’re expanding the Securitize Tokenized AAA CLO Fund (STAC) to @solana.
We’re also excited to share that @ethena plans to allocate $250 million to the fund, representing one of the largest commitments to tokenized structured credit on Solana to date. pic.twitter.com/XbVivFTyHq
— Securitize (@Securitize) June 12, 2026
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