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Wednesday, October 28, 2026 · Today’s edition, 6:30 a.m. ETWed, Oct 28 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in
Private Wealth Daily
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Ethena

In network coverage since August 18, 2026 · 4 stories
1Deals on our tracker
Deal recordFull tracker →
Aug 27, 26Fund launchUSDe — coverage
Network coverage
The Wrap

Tokenization's real fight is collateral, not issuance

Stellar's $3 billion RWA stack backs only $2 million in loans; Bullish's $100 million GPU facility is a bet that stablecoin capital can learn to lend.
The Wrap · Aug 28Tokenization stops wrapping and starts working
The Wrap · Aug 28Ethena bets the dollar on equity perp funding
Regulation · Aug 18GENIUS Act's redemption test opens a stablecoin wrapper gap
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