FalconX Partners with Ethena on $1 Billion Warehouse Financing Facility to Expand Institutional Lending Capacity
FalconX, a leading institutional digital asset prime brokerage, announced a $1 billion secured lending facility through an SPV with Ethena, which will deploy capital from the assets backing USDe into overcollateralized institutional credit. By bridging Ethena’s crypto-native liquidity with FalconX’s institutional borrowing demand, the facility accelerates the integration of on-chain capital......