3 hours ago

Ethena Scores $20M From M2 Capital to Push USDe Into Middle East Portfolios

TLDR: M2 Capital invested $20M in Ethena ($ENA) to strengthen Middle East crypto access through regulated offerings. Ethena’s USDe and sUSDe model blends synthetic dollars with staking rewards, reaching $14B TVL since launch. M2 Global Wealth will integrate Ethena into its wealth management platform for clients seeking crypto exposure. UAE’s regulatory clarity supports M2’s strategy [...]

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Source: Blockonomi →