Ethena Just Paid Its Early Investors to Exit as ENA Nears 100% Rally
ENA buyback vote goes live as Ethena buys out selling VCs and ends monthly unlocks. Purchases wait for $7.5 billion USDe.
ENA buyback vote goes live as Ethena buys out selling VCs and ends monthly unlocks. Purchases wait for $7.5 billion USDe.

The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.

Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to finance overcollateralized loans for institutional borrowers. How the $1 billion USDe facility will work FalconX and Ethena said the warehouse financing arrangement…

Ethena's shift to institutional lending via FalconX enhances stability and yield potential, mitigating risks from volatile funding rates.


Stablecoin market cap on the chain has reached $640 million, the bulk of which has come from USDe.

Stablecoin market cap on the chain has reached $640 million, the bulk of which has come from USDe.

StablecoinX Inc. emerged from its Nasdaq merger with about 3 billion ENA tokens, a position equal to roughly 20% of the token’s supply. The New York company disclosed the stake with results for the quarter ended June 30. StablecoinX started trading as USDE on June 26, one day after closing its merger with TLGY Acquisition […]

There is a clear divergence for Robinhood Chain in the number of transactions and TVL growing against a stagnating user base.

Ethena's strategic asset deployment and partnerships enhance DeFi liquidity, but yield sustainability hinges on favorable market conditions.

Ethena's fee removal for USDe minting may boost institutional adoption but highlights DeFi's shift towards regulatory compliance.

BlackRock's integration of USDe into its platform could accelerate institutional crypto adoption, but synthetic dollar risks remain significant.
Ethena says USDe now reaches BlackRock's Aladdin institutions as ENA rallies, with BUIDL backing its white-label product.
The world's largest asset manager will list the USDe synthetic dollar as an approved asset on its institutional risk platform, while its BUIDL fund becomes the primary backing for Ethena's whitelabel stablecoins.

Ethena’s governance token ENA has climbed after BlackRock integrated the project’s synthetic dollar USDe into its Aladdin investment platform, extending institutional access to a system used to oversee more than $20 trillion in assets. According to a June 29 X…

The move makes USDe more accessible to investment professionals wishing to take advantage of 'digital dollar exposure.'

StablecoinX Inc. (Nasdaq: USDE) began trading Friday after closing its SPAC merger with TLGY Acquisition Corp., becoming the first publicly listed company holding approximately 3.03 billion ENA tokens and building infrastructure for the Ethena ecosystem.

StablecoinX's NASDAQ debut highlights the growing institutional interest in crypto ecosystems, but poses significant concentration risks for investors.
StablecoinX debuted on Nasdaq under ticker USDE, bringing the first public stablecoin infrastructure company focused on Ethena to U.S. equity markets.

StablecoinX starts Nasdaq trading under USDE after its TLGY merger, holding $275m in ENA tokens tied to Ethena’s stablecoin ecosystem.