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.
- 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.
- Market
- Traditional Financial Institutions
- Location
- USA
- Coinvestors
- Franklin Templeton, F-Prime Capital, Dragonfly Capital Partners, Polychain Capital LP, Pantera Capital Management LP