Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollater
Institutions
Institutional adoption and corporate crypto news
3 stories
Ripple brings in $275M for US prime brokerage to meet institutional demand
Ripple noted the $275 million brought in will support its expansion into traditional financial services such as prime brokerage and multi-as
Ripple pulls in $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an funding grade rating and drew institutional investors across key financial markets.