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Invezz 2023-07-17 18:18:40

Ethereum stablecoin developer Ethena secures $6 million funding

Ethena, a blockchain startup for Ethereum-backed stablecoins, has reportedly secured $6 million in a seed funding round. Axios reported on Monday that the startup’s funding round was led by Dragonfly Capital, a leading Web3 venture firm. Other prominent investors to back Ethena in the round were crypto platforms Deribit, Bybit, Gemini, OKX, and Huobi. The The post Ethereum stablecoin developer Ethena secures $6 million funding appeared first on Invezz .

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