#Ethena is a USD (synthetic dollar) synthesis protocol built on the Ethereum blockchain. The project provides a cryptocurrency investment solution that does not depend on traditional banking infrastructure and a global USD savings tool "Internet Bond".
After a fundraising round in February valued at $14 million USD, Ethena's total investment has now reached $20 million USD. Several renowned investors have participated in the project, including Binance Labs, PayPal, Gemini, OKX, Bybit, Huobi, BitMEX, and Deribit. The project's valuation is currently at $300 million USD.
In addition, Ethena has partnerships with Dragonfly, Franklin Templeton, Fidelity, Mirana…
