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Ethena

Last funding round

Raised
$14,000,000
Round
Unknown

Funding News (3)

Feb 16 2024The Block

Startup details

Ethena

Ethena

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.
www.ethena.fi
Lisbon, Portugal
Established in 2023
2-10 People
Fintech, Payments

Founders

Guy Young

Founder

Lisbon, Lisbon, Portugal

Investment details

Total Funding
$20,000,000
Raised
$14,000,000
Round
Unknown
Investors
Dragonfly
LEAD
Maelstrom Fund

Funding News (2)

Feb 16 2024TradingView
Feb 16 2024CoinDesk

Founder Stories

Dr. Sterghois Moschos, PulmoBioMed

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