Ethena Labs Moves Into Institutional Off-Chain Lending With Anchorage Digital

Anchorage Digital has expanded its Atlas Collateral Management platform through a new arrangement with Ethena Labs, positioning the federally chartered crypto bank as collateral manager for Ethenas institutional lending operations. What the Deal Does Under the structure, Anchorage Digital holds and monitors collateral, while Ethena Labs deploys capital into institutional loans, Anchorage detailed in a []