Ethena Raises $100 Million in Private ENA Token Sale to Expand Network and Institutional Offerings
Cryptocurrency

Ethena Raises $100 Million in Private ENA Token Sale to Expand Network and Institutional Offerings

Ethena Foundation, the steward of the synthetic dollar protocol, has raised $100 million through a private sale of its native governance token, ENA. The previously undisclosed transaction, completed in December, attracted investments from major firms, including Franklin Templeton, Polychain, Pantera, Dragonfly, and Fidelity's venture capital arm, F-Prime, according
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