Ethena is thrilled to announce a $6.5 million seed funding round led by Dragonfly Capital, with participation from @cryptohayes and major derivative exchanges, aimed at developing USDe, the first scalable stablecoin not reliant on the banking system. The investment highlights the confidence in Ethena's mission to dominate the 'synthetic dollar' market through tier 1 partnerships and strategic alliances. Supporters, including Hashed and individuals with deep roots in cryptocurrency and traditional finance (TradFi), commend Ethena's immense progress in stealth and its vision for USDe. This backing is poised to bolster Ethena's efforts in 2024 to establish USDe as a leading synthetic dollar, leveraging deep strategic partnerships to merge culture with cryptocurrency.
Tap into USDe and the Internet Bond on @ethena_labs. Ethena's synthetic dollar, USDe, enables a censorship resistant, scalable and stable crypto-native solution for money. https://t.co/M4Fdj5TdT0 https://t.co/C24jnAkXRd
Excited for these kinds of deep strategic partnerships. Partnered at the marketplace level, and partnered in the IRL level. That is how we bridge culture and crypto together. https://t.co/FaWNMks6vp
Excited to be doubling down on @leptokurtic_ and @ethena_labs! It's been incredible to see the team take the vision of USDe and make it a reality over the past year. 2024 ... going to be a big year 😎 https://t.co/5V3YPlM1hW
Hashed is incredibly fortunate to back the @ethena_labs team. Their deep roots in crypto coupled with a wealth of TradFi experience + the immense progress they’ve achieved in stealth — proves that they’re the best team to ship this. We’re beyond excited. https://t.co/VKJk4DMIbR
Hashed is incredibly fortunate to back the Ethena team. Their deep roots in crypto coupled with a wealth of TradFi experience + the immense progress they’ve achieved in stealth — proves that they’re the best team to ship this. We’re beyond excited. https://t.co/VKJk4DMIbR
Have seen first hand how professional @leptokurtic_ and the team have been in engaging stakeholders and building tier 1 partnerships towards 'synthetic dollar' dominance. Go and earn some shards! https://t.co/oTUr2Zll1b https://t.co/ACC9qwVtfp
Along with our friends at @dragonfly_xyz (and many others), we're thrilled to double down on @leptokurtic_ and the @ethena_labs team as they expand access to synthetic dollars and internet native yield https://t.co/fNaplfenDm
Ethena is excited to announce our $6.5M seed round led by @dragonfly_xyz, with participation from @cryptohayes and major derivative exchanges The round is the first milestone in our mission to develop the first scalable stablecoin not dependent on the banking system https://t.co/5kQXlUGIg4