Captured By Tracy D'souza / 3:10 pm on 26 February 2025
Ethena, a crypto project focused on decentralized finance, has raised $100 million in a funding round led by major investors. The funds will be used to expand its financial services, enhance liquidity, and develop new blockchain-based solutions. Ethena aims to revolutionize decentralized finance by offering innovative investment products and improving accessibility to crypto-based financial instruments. This fundraising reflects growing investor confidence in the project’s vision and the broader crypto sector. With this capital infusion, Ethena plans to accelerate development, strengthen its ecosystem, and compete with established players in the decentralized finance space.