menu
techminis

A naukri.com initiative

google-web-stories
source image

Cryptonews

1M

read

431

img
dot

Image Credit: Cryptonews

Ethena Secures US $100M Funding From Institutional Players Franklin Templeton, Dragonfly Capital

  • Decentralized stablecoin project Ethena has raised $100 million funding from institutional players Franklin Templeton and Pantera Capital.
  • The funding will support the growth of Ethena's new institutional-focused stablecoin, iUSDe, and the development of a purpose-built blockchain for its stablecoins.
  • Ethena aims to bridge the crypto and traditional finance (TradFi) worlds through the launch of iUSDe.
  • Ethena has also formed a strategic partnership with World Liberty Financial, a DeFi project backed by the Trump family.

Read Full Article

like

25 Likes

For uninterrupted reading, download the app