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Ethena completed a $100 million financing in December, with participation from Franklin Templeton and others

ChainCatcher

2025-02-24 11:27:57

ENA-2,99%

FLY-0,33%

PRIME4,72%

ChainCatcher news, according to Bloomberg, sources said Ethena completed a $100 million financing in December last year. The round was funded by institutions including Franklin Templeton and Fidelity Investments’ venture capital firm F-Prime Capital. It is reported that the project plans to use this round of financing to launch a new stablecoin product for traditional financial institutions.

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