![M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest – Finance Bitcoin News M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest – Finance Bitcoin News](https://i0.wp.com/static.news.bitcoin.com/wp-content/uploads/2024/02/ethena.jpg?w=896&ssl=1)
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On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, […]
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