Ethena
Last funding round
Raised
$14,000,000
Round
Unknown
Startup details
Ethena Labs is a developer of the Ethereum-based stablecoin USDe, which is secured by derivatives and achieves price stability through 'delta-neutral' hedging across centralized and decentralized venues. The company also offers a dollar-denominated savings instrument called an 'Internet bond' that provides value accrual via sUSDe.
Investment details
Total Funding
$20,000,000
Founder Stories
Dr. Sterghois Moschos, PulmoBioMed
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