On July 24th, EthenaLabs officially said on the X platform that BlackRock BUIDL issuers Securitize and Steakhouse Financial have applied to the Ethena Governance Committee for grants from the Ethena Reserve Fund. According to reports, the size of the Ethena Reserve Fund is 45 million US dollars, and issuers are invited to promote the allocation of their RWA or incentive assets to Ethena. After confirmation by the committee, qualified asset issuers will be eligible for grants from the Ethena Reserve Fund.