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

Feb 16, 2024  · 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 …


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

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Feb 16, 2024  · 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 …

theblock.co

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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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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, ... The Block — USDe developer Ethena raises new funding round …

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Ethena’s 'synthetic Dollar' Crosses $2 Billion Supply ... - The Block

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Apr 5, 2024  · Ethena’s USDe stablecoin has crossed the $2 billion supply mark less than two months after its public launch in February. ... In February, Ethena Labs raised $14 million in a …

theblock.co

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Ethena's USDe: The Crypto-backed Synthetic Dollar Shaking Up

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Mar 7, 2024  · Ethena managed to raise $14 million in a recent funding round, valuing the company at $300 million, underscoring investor's confidence in USDe's potential, despite …

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Ethena Plans To Launch New Stablecoin Backed By BlackRock's …

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Sep 26, 2024  · Former Coatue Management exec co-founds new venture firm aiming to raise up to $500 million: report. Nov 22, 2024, ... Ethena is set to launch a new stablecoin, UStb, in …

theblock.co

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

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Feb 16, 2024  · A press release circulated by public relations firm Wachsman, slated for publication Friday morning, said that Ethena raised $14 million from Dragonfly, Brevan Howard …

businessinsider.com

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What Is Ethena? A Five-minute Tutorial To Help You Understand The ...

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Apr 11, 2024  · Ethena Labs announced on February 16, 2024, the completion of a US$14 million strategic round of financing at a valuation of US$300 million, co-led by Dragonfly and …

binance.com

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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 at a $300 million valuation and publicly launched its USDe stablecoin.

b2bingo.com

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Ethena Labs Secures $14 Million In Funding Round Led By Dragonfly …

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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 …

dimsumdaily.hk

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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 ...

msn.com

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DeFi Protocol Ethena (USDe) Sees $1B Inflows As Crypto Rally …

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4 days ago  · Ethena's USDe yield-bearing token grew by $1 billion in a month to $3.44 billion as perpetual funding rates rose amid the crypto rally. The token now offers a 29% annualized …

coindesk.com

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MakerDAO Proposes Allocating $600 Million Worth Of DAI Into …

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Apr 1, 2024  · Ethena raised $14 million at a total $300 million valuation in February, The Block previously reported. Disclaimer: The Block is an independent media outlet that delivers news, …

theblock.co

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The Block On LinkedIn: USDe Developer Ethena Raises New Funding …

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PayPal Ventures, Brevan Howard Digital and others back USDe developer Ethena’s new funding round at $300 million valuation https://lnkd.in/eaTMQ9cn

linkedin.com

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Dragonfly Capital Leads $6 Million Seed Funding Round For …

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Jul 17, 2023  · The web3 venture firm Dragonfly Capital led a $6 million seed funding round for Ethena, a startup building Ethereum-backed stablecoins. Ethena's other funders include …

theblock.co

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

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

Ethena Labs, the developer of the Ethereum-based stablecoin USDe, has raised $14 million in a strategic funding round. The round… pic.twitter.com/ACa9PbkEBU Revolutionizing the Stablecoin Arena Ethena Labs has not only made headlines with its remarkable funding achievement but also with the public debut of its Ethereum-based stablecoin, USDe. ...

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 is Ethena labs worth?

Ethena Labs, the innovative force behind the USDe stablecoin, has successfully raised $14 million in a crucial funding round. Consequently, this financial infusion has catapulted the company’s valuation to an impressive $300 million, as confirmed by Guy Young, the dynamic founder and CEO. ...

Does Ethena's USDE have a negative funding rate environment?

In the announcement, Ethena Labs mentioned that the community has been increasingly concerned about the USDe response to negative funding rate environments. “Despite bearish conditions over the last six months, Ethena’s USDe has not endured a single week of negative funding,” Ethena Labs noted. ...

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. ...

Why is Ethena launching USDE?

The core concept behind Ethena’s development of USDe aligns with Hayes’ vision, and it signifies a step towards realising a stablecoin solution that is deeply integrated within the cryptocurrency ecosystem. ...

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