FalconX and Ethena launch $1 billion institutional lending facility

Cryptocurrency broker FalconX and stablecoin protocol Ethena have partnered to launch a secured lending facility. The launch was announced by the two firms, which gives large crypto investors a new credit channel built around bank-style custody controls. How will Falcon X and Ethena’s facility work?  FalconX and Ethena have announced that they are partnering to...