Name
Ethena raises $100 million in private ENA token sale to build out new chain and institutional product
Publish date
12:00am, Monday, February 24, 2025
Referenced by
Ethena raised $100 million in a private token sale
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News story
The funds will be used to support building out a new chain for the Ethena network and its broader ecosystem, as well as the upcoming launch of its institutional product, iUSDe
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Quote
Ethena Foundation has raised $100 million via a private sale of ENA tokens from investors, including Franklin Templeton, Polychain, Pantera, Dragonfly and F-Prime
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