Shares of Cantor Equity Partners II advanced following news that Securitize launched its tokenized AAA-rated CLO fund on the Solana blockchain. CEPT climbed 0.55% to reach $11.83 after experiencing fluctuations during early market hours, ultimately maintaining strength near session peaks.
Ethena Labs has planned a $250 million allocation to Securitize's tokenized AAA-rated CLO fund as the product expands to Solana.
The partnership signifies a pivotal shift towards integrating traditional finance with decentralized finance, potentially reshaping asset management and regulatory landscapes. Ethena partners with Janus Henderson to distribute tokenized CLO funds.