Ethena (Private Token Sale)
Funding Details
Awarder
Inbox
Date Award
May 18, 2025
Vertical
Blockchain
Funding URL
View Funding Page
Funding Amount
$100,000,000
Company Info
Traction
Ethena's synthetic dollar token, USDe, has a circulation of over $6 billion, and the ENA token has a market cap of $1.268 billion.
Market
Traditional Financial Institutions
Location
USA
Coinvestors
Franklin Templeton, F-Prime Capital, Dragonfly Capital Partners, Polychain Capital LP, Pantera Capital Management LP
Company Description

Ethena is a blockchain company that has raised $100 million to fund a new token aimed at traditional financial institutions. The company focuses on enabling traditional finance to interact with blockchain technology without directly engaging with crypto.

Links
Website
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