Crypto Billionaire Arthur Hayes and Dragonfly Lead $6 Million Funding Round for Ethena's Stablecoin and Bond Token Platform
Crypto startup Ethena has successfully raised $6 million in a seed funding round led by crypto venture capital firm Dragonfly and billionaire Arthur Hayes. The Portugal-based company intends to use the funds to launch it...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Portugal-based company intends to use the funds to launch its stablecoin and bond asset, scheduled for the third quarter of this year....
Read More: Crypto Billionaire Arthur Hayes and Dragonfly Lead $6 Million Funding Round for Ethena's Stablecoin and Bond Token Platform
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
DriveWealth Turns to Ripple’s RLUSD Stablecoin for Client Funding, With Europe First
DriveWealth, the company that runs the brokerage plumbing behind investing products offered by more than 100 partners worldwide, w...
Ethereum leads tokenized ETF market with $303M market cap
Ethereum's lead in tokenized ETFs highlights the need for strategic adaptation to maintain dominance amid rapid market growth and...
Ripple Lands 4th Korea Deal, Bringing Custody and Tokenization to Meritz Securities
Key Takeaways: Ripple also signed an agreement with Meritz Securities, making it its 4th institutional deal in Korea this year. Th...
Bitcoin ETF Records $260 Million Outflows, Led by Fidelity and BlackRock
US spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, led by Fidelity’s FBTC with $152.7 million withdrawn a...
EU Banking Regulator Takes Over Key Oversight of Circle’s USDC Stablecoin
The European Banking Authority (EBA) classified Circle's USDC as a significant e-money token under the Markets in Crypto-Assets Re...
Circle’s USDC Is First to Cross Europe’s Stablecoin Threshold
Circle’s USDC has become the first stablecoin classified as a significant e-money token by the European Banking Authority (EBA), s...