Securitize Lands $250M CLO Backing on Solana—A Tokenization Milestone
By John Nada·Jun 12, 2026·2 min read
Securitize expands its CLO fund to Solana with $250M from Ethena Labs, marking a tokenization milestone.
Securitize is expanding its tokenized CLO fund to Solana with a hefty $250 million commitment.
Securitize, a tokenization platform managing over $4 billion in assets, has taken a bold step by deploying its Securitize Tokenized AAA CLO Fund, or STAC, on the Solana blockchain. Ethena Labs is set to allocate a significant $250 million to this initiative, according to Yahoo Finance. This marks one of the largest investments in tokenized structured credit on Solana, signaling a substantial endorsement for the network's burgeoning infrastructure.
Collateralized loan obligations, or CLOs, are sophisticated financial instruments that pool corporate loans, repackaging them into tranches of varying risk levels for investors. STAC focuses on the safest AAA-rated tranches, leveraging no additional capital but targeting floating-rate exposure. This allows returns to fluctuate with interest rates, a strategic choice in today's volatile financial environment.
Traditionally, accessing the $1.3 trillion global CLO market required hefty capital and infrastructure, leaving many potential investors on the sidelines. Tokenization, however, aims to democratize this space. Developed with BNY, which serves as custodian and sub-adviser, STAC issues digital securities on a regulated platform, ensuring integrated KYC, AML, and accreditation processes for investors.
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Carlos Domingo, co-founder and CEO of Securitize, emphasized that "tokenization is most powerful when it combines quality assets with the speed, efficiency, and accessibility of blockchain infrastructure." Expanding STAC to Solana, he states, binds one of the largest fixed-income markets with an active blockchain ecosystem.
Solana has been making waves recently. Messari reported Solana's RWA market capitalization climbed 43% quarter-over-quarter to $2.01 billion in the first quarter of 2026. Tokenized asset trading volume on Solana hit a record $1.3 billion, surpassing Ethereum in RWA lending deposits, which surged 115% to $1.23 billion, according to Blockworks Advisory. It's a momentum that can't be ignored.
But why Solana? Solana's effective scalability and lower transaction costs make it a conducive environment for such high-stakes financial operations. It’s no surprise then that Solana is rapidly positioning itself as a leader in real-world asset (RWA) tokenization.
As more traditional finance products like CLOs embrace blockchain, one can only wonder: Is this the blueprint for how high finance will operate in the digital age?