{"id":151782,"date":"2025-02-24T20:00:38","date_gmt":"2025-02-24T18:00:38","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151782"},"modified":"2025-02-24T17:42:28","modified_gmt":"2025-02-24T15:42:28","slug":"ethena-secures-major-investment-to-build-new-blockchain-and-iusde","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethena-secures-major-investment-to-build-new-blockchain-and-iusde\/","title":{"rendered":"Ethena Secures Major Investment to Build New Blockchain and iUSDe"},"content":{"rendered":"

The sale attracted heavyweight investors, including Franklin Templeton, Polychain, Pantera, Dragonfly, and F-Prime, with ENA tokens selling at an average of just under $0.40. Since then, ENA\u2019s value<\/a> <\/strong>has slipped from its December high of $1.27 to its current price of $0.42.<\/p>\n

The capital injection is set to drive Ethena\u2019s expansion, funding the development of a dedicated blockchain and the introduction of its institutional-grade product, iUSDe.<\/p>\n

A portion of the funds was also used to buy back tokens from early investors to adjust valuation metrics. Bloomberg was the first to report the sale.<\/p>\n