$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest

7 months ago
$14M Capital Infusion Catapults Ethena Labs' Valuation; Stablecoin Ranks 9th LargestOn Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 cardinal successful backing from cardinal investors. Following this caller influx of funds and a erstwhile $6.5 cardinal concern from Maelstrom, overseen by Arthur Hayes, successful July 2023, the company’s post-valuation has risen to $300 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, […]
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