BlackRock Expands Partnership with Ethena Labs to Offer Stablecoin Services
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 29 2026
0mins
BlackRock (BLK) and Ethena Labs have expanded their partnership to provide institutional investors using the Aladdin risk management platform with access to Ethena's products, including Ethena USD, a synthetic stablecoin and a pillar of decentralized finance yield, according to a report by RT Watson for The Block. As part of the deal, Ethena will support a $100M liquidity facility through Securitize (SECZ), allowing BlackRock BUIDL fund clients to exchange tokens for stablecoins outside of normal market hours. Securitize is merging with Cantor Equity Partners II (CEPT) to form Securitize Corp as the publicly traded entity. The transaction is expected to close on July 1, with the combined company's common stock beginning to trade on the New York Stock Exchange under the ticker "SECZ" on July 2, subject to shareholder approval and customary closing conditions.
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Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 1011.210
Low
1209
Averages
1354
High
1550
Current: 1011.210
Low
1209
Averages
1354
High
1550
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology and subscription services to institutional and retail clients. Its diverse platforms of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enable it to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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