BlackRock is adding Ethena’s USDe to its Aladdin platform

BlackRock is adding Ethena’s USDe to its Aladdin platform, with about $25 trillion in AUM. Ethena Labs formally partnered with BlackRock on Monday. The deal will see its synthetic dollar USDe integrated and distributed through BlackRock’s Aladdin investment platform. Aladdin is the portfolio management system BlackRock uses internally and licenses to institutional clients, tracking roughly...