{"id":3455,"date":"2026-06-29T11:46:33","date_gmt":"2026-06-29T15:46:33","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=3455"},"modified":"2026-06-29T11:46:38","modified_gmt":"2026-06-29T15:46:38","slug":"blackrock-adds-ethena","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/blackrock-adds-ethena\/","title":{"rendered":"BlackRock Adds Ethena USDe to Aladdin, Boosting ENA Price"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-29T211419.958.webp\" alt=\"BlackRock Adds Ethena USDe to Aladdin, Boosting ENA Price\" class=\"wp-image-3456\" srcset=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-29T211419.958.webp 1200w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-29T211419.958-300x157.webp 300w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-29T211419.958-768x402.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Ethena\u2019s governance token <strong>ENA<\/strong> surged after BlackRock announced the integration of the project\u2019s synthetic dollar,<a href=\"https:\/\/coinmarketcap.com\/currencies\/ethena-usde\/\" target=\"_blank\" rel=\"noreferrer noopener\"> <strong>USDe<\/strong><\/a>, into its widely used <strong>Aladdin<\/strong> investment platform. The move gives institutional investors a simpler way to access USDe through the same system they already use for portfolio management and risk analysis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following the announcement on <strong>June 29<\/strong>, ENA climbed as much as <strong>12%<\/strong>, outperforming the broader cryptocurrency market. While Bitcoin remained below the <strong>$60,000<\/strong> level, ENA gained strong momentum before settling around <strong>$0.081<\/strong>, leaving the token roughly <strong>7% higher<\/strong> for the day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Ethena, the integration allows financial institutions already using BlackRock\u2019s Aladdin platform to allocate capital to USDe without changing their existing investment and risk management workflows. By making the synthetic dollar available within Aladdin, institutions can manage USDe positions alongside other assets on a single platform.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">BlackRock Deepens Its Relationship With Ethena<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The latest announcement also expands the existing collaboration between BlackRock and Ethena rather than creating a completely new partnership.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ethena confirmed that <strong>BlackRock\u2019s tokenized money market fund, BUIDL<\/strong>, will become the primary reserve asset for its white-label product. The two companies already cooperate through <strong>USDtb<\/strong>, Ethena\u2019s stablecoin that is largely backed by BUIDL. This latest development further strengthens that relationship.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, Ethena revealed plans to provide a liquidity facility for BlackRock\u2019s tokenized products. While neither company disclosed financial details nor a timeline for the rollout, Ethena described the initiative as another step toward connecting tokenized financial assets with institutional investment infrastructure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Ethena Continues Expanding Its Stablecoin Business<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The BlackRock announcement follows several important developments for Ethena during the month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier, the company selected <strong>Centrifuge<\/strong> as its tokenization partner and also entered into a partnership with global asset manager <strong>Janus Henderson<\/strong>. As part of that agreement, Janus Henderson committed to investing in <strong>ENA<\/strong>, Ethena\u2019s governance token.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another milestone came after <strong>StablecoinX<\/strong> completed its merger with <strong>TLGY Acquisition Corp.<\/strong>, allowing the company to begin trading on the <strong>Nasdaq<\/strong> under the ticker <strong>USDE<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">StablecoinX also confirmed that its public warrants started trading under the symbol <strong>USDEW<\/strong> on <strong>June 26<\/strong>, one day after the business combination was finalized. The public listing gives traditional market investors direct exposure to StablecoinX\u2019s Ethena-focused strategy, even though demand for USDe remains below last year&#8217;s peak.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">ENA Outperforms the Crypto Market<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Market data from <strong>crypto.news<\/strong> showed ENA jumping to <strong>$0.083<\/strong> shortly after the BlackRock announcement before pulling back slightly to around <strong>$0.081<\/strong>. Despite the small retracement, the token significantly outperformed most cryptocurrencies during a period when the broader market remained under pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Part of the positive market reaction may be linked to Ethena\u2019s <strong>fee-switch mechanism<\/strong>. Under the protocol\u2019s design, a portion of the platform\u2019s revenue is used to buy back ENA tokens. As a result, increased adoption and usage of USDe could potentially support long-term demand for the governance token.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Aladdin Opens the Door to Massive Institutional Capital<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">StablecoinX founder <strong>Ted Chen<\/strong> highlighted the importance of the integration, noting that Aladdin is already used by insurers, pension funds, and some of the world&#8217;s largest asset managers. He added that institutions such as <strong>Deutsche Bank<\/strong> and <strong>Citi<\/strong> rely on the platform to oversee their portfolios.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Chen, asset managers collectively oversee <strong>more than $20 trillion<\/strong> through Aladdin. With USDe now integrated into the platform, those institutions can allocate to the synthetic dollar while seamlessly incorporating it into their existing portfolio management and risk analytics processes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The integration marks another major milestone for Ethena as it continues expanding its presence in institutional finance and strengthening the adoption of tokenized digital assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also read : <a href=\"https:\/\/www.decentralnetwork.org\/news\/xrp-holds-above-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">XRP Holds Above $1 as ETF Demand and Network Activity Stay Strong<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethena\u2019s governance token ENA surged after BlackRock announced the integration of the project\u2019s synthetic dollar, USDe, into its widely used &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"BlackRock Adds Ethena USDe to Aladdin, Boosting ENA Price\" class=\"read-more button\" href=\"https:\/\/www.decentralnetwork.org\/news\/blackrock-adds-ethena\/#more-3455\" aria-label=\"Read more about BlackRock Adds Ethena USDe to Aladdin, Boosting ENA Price\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[10549,10578,10561,10557,10556,10551,10553,10548,10569,10563,10577,10576,10580,10579,3756,10567,10571,10546,10552,10581,10562,10547,10583,10560,10574,10550,10558,10559,10555,10573,7940,10568,10554,10570,10566,10572,10565,10564,10575,10582],"class_list":["post-3455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-aladdin-investment-platform-crypto","tag-aladdin-portfolio-management-crypto","tag-bitcoin-below-60000-ena-rally","tag-blackrock-aladdin-crypto-integration","tag-blackrock-aladdin-usde","tag-blackrock-blockchain-investments","tag-blackrock-crypto-investment-platform","tag-blackrock-ethena-usde-integration","tag-blackrock-expands-ethena-relationship","tag-blackrock-tokenized-finance","tag-blackrock-tokenized-money-market-fund-buidl","tag-buidl-reserve-asset-for-usde","tag-centrifuge-ethena-partnership","tag-crypto-institutional-infrastructure","tag-crypto-market-news-today","tag-digital-asset-investment-platform","tag-ena-governance-token-update","tag-ena-price-surge-today","tag-ena-token-buyback-model","tag-ena-token-latest-news","tag-ethena-crypto-ecosystem-growth","tag-ethena-ena-price-prediction","tag-ethena-fee-switch-mechanism","tag-ethena-governance-token-ena","tag-ethena-latest-news","tag-ethena-stablecoin-ecosystem","tag-ethena-usde-blackrock-partnership","tag-ethena-usde-institutional-adoption","tag-ethena-usdtb-stablecoin","tag-institutional-crypto-adoption-news","tag-institutional-stablecoin-adoption","tag-janus-henderson-ethena-investment","tag-stablecoinx-nasdaq-listing","tag-synthetic-dollar-usde-explained","tag-tlgy-acquisition-corp-merger","tag-tokenized-assets-blackrock","tag-usde-nasdaq-ticker","tag-usde-stablecoin-adoption-by-institutions","tag-usde-synthetic-dollar-news","tag-usdew-public-warrants","resize-featured-image"],"jetpack_featured_media_url":"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-29T211419.958.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/3455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/comments?post=3455"}],"version-history":[{"count":1,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/3455\/revisions"}],"predecessor-version":[{"id":3457,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/3455\/revisions\/3457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media\/3456"}],"wp:attachment":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media?parent=3455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/categories?post=3455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/tags?post=3455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- This website is optimized by Airlift. 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