USDe developer Ethena raises new funding round at $300 million ...

Feb 16, 2024 · Ethena Labs has raised a new $14 million funding round and publicly launched its USDe stablecoin. The round brought Ethena’s valuation to $300 million, founder and CEO Guy …

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USDe Developer Ethena Raises New Funding Round At $300 Million ...

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Feb 16, 2024 · Ethena Labs has raised a new $14 million funding round and publicly launched its USDe stablecoin. The round brought Ethena’s valuation to $300 million, founder and CEO Guy …

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Ethena Labs Raises $14M In Strategic Funding Round, Valued At …

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Ethena Labs, the developer behind the Ethereum-based stablecoin USDe, has successfully closed a strategic funding round, raising $14 million. The round was co-led by Dragonfly and …

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Ethena Secures $14M Strategic Funding Round At $300M Valuation

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Feb 16, 2024 · Ethena has completed a $14 million strategic round via a simple agreement for future equity (SAFE). Dragonfly Capital led the round with participation from Bybit, OKX, …

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A Statement Said Ethena Labs Raised Millions From ... - Markets …

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Feb 16, 2024 · That statement said the fundraising round still amounted to $14 million. Ethena subsequently posted on X that an inaccurate version of the press release was circulating.

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Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens …

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Ethena Labs opened public access to its ether-based synthetic dollar after raising $14 million from investors including PayPal Ventures, asset manager Franklin Templeton, the company said …

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$14M Capital Infusion Catapults Ethena Labs' Valuation; Stablecoin ...

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On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from …

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Ethena Raises $14M, Aims For Billion-Dollar Stablecoin TVL

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Feb 16, 2024 · In a bold move, Ethena, the Lisbon-based crypto startup spearheading decentralized finance (DeFi) innovations, has managed to secure $14 million in funding, …

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Seed Round - Ethena - 2024-02-16 - Crunchbase Funding Round …

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Feb 16, 2024 · Foresight News — USDe developer Ethena Labs completed a new round of financing of US$14 million, with participation from Dragonfly and others.

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Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens …

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Ethena also raised $6 million in July, bringing the total venture capital funding to $20 million with the latest round. While Ethena calls its USDe token a synthetic dollar, not a stablecoin, it ...

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Ethena Labs Raises $14M In Strategic Funding Round, Valued At …

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Ethena Labs, the developer behind the Ethereum-based stablecoin USDe, has successfully closed a strategic funding round, raising $14 million. BTC: $52145.5 (+1.0%) ETH ... Ethena …

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$10M Transloding Facility Signs Deal With North Bergen To Prep For ...

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Jan 12, 2022 · Strategic Rail Solutions, a $10 million transloding facility, has signed an impact fee agreement with North Bergen to help prep for major projects like the Gateway Tunnel. …

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Ethena (Financial Services) Company Profile 2024: Valuation, …

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Feb 16, 2024 · How much funding has Ethena (Financial Services) raised over time? Ethena (Financial Services) has raised $27.1M. Who are Ethena (Financial Services)’s investors? …

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FAQs about USDe developer Ethena raises new funding round at $300 million ... Coupon?

Did Ethena labs raise $14 million in a strategic funding round?

17th February 2024 – (New York) Ethena Labs, the developer behind the Ethereum-based stablecoin USDe, has successfully raised $14 million in a strategic funding round, according to an announcement made on Thursday. The round was co-led by Dragonfly and Maelstrom, the family office of Arthur Hayes, the founder of BitMEX. ...

Who is Ethena labs?

Ethena Labs, the developer of the Ethereum-based stablecoin USDe, has raised $14 million in a strategic funding round. Dragonfly and BitMEX founder Arthur Hayes' family office, Maelstrom, co-led the round, Ethena Labs said Thursday. ...

How much money does Ethena labs have to invest in USDE?

Portugal’s Ethena Labs has secured $14 million in capital funding for its synthetic dollar USDe. ...

How much did Ethena raise?

That statement said the fundraising round still amounted to $14 million. Ethena subsequently posted on X that an inaccurate version of the press release was circulating. Ethena's co-founder and CEO Guy Young, clarified in an interview with CoinDesk that PayPal is not involved in the fundraising round. ...

Does Ethena labs have a stablecoin?

Ethena Labs has raised a new $14 million funding round and publicly launched its USDe stablecoin. The round brought Ethena’s valuation to $300 million, founder and CEO Guy Young told The Block. ...

Does Ethena need more cash?

Ethena had commitments of over $50 million for the round but capped it at $14 million as it did not need more cash at the moment, founder and CEO Guy Young told The Block. The round began in late December and closed this week, Young said, adding that it was structured as a simple agreement for future equity with token warrants. ...