{"id":37208,"date":"2025-02-24T15:30:50","date_gmt":"2025-02-24T12:30:50","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=37208"},"modified":"2025-02-24T14:31:12","modified_gmt":"2025-02-24T11:31:12","slug":"ethena-ena-raises-100-million-for-financial-initiative","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethena-ena-raises-100-million-for-financial-initiative\/","title":{"rendered":"Ethena (ENA) Raises $100 Million for Financial Initiative"},"content":{"rendered":"

Especially popular altcoin from the Trump<\/strong> era, ENA<\/strong><\/a>, raised $100 million to support its financial initiative.<\/p>\n

Since its launch a year ago, the cryptocurrency project Ethena<\/strong>, which has become one of the largest dollar-based cryptocurrencies, raised $100 million to finance the promotion of a similar token targeting traditional financial institutions.<\/p>\n

The previously undisclosed fundraising was completed in December and attracted investor interest.<\/p>\n

\"ethena\"<\/p>\n

WLFI and ENA Strategic Partnership<\/h2>\n

As we previously knew, World Liberty Financial (WLFI),<\/strong> supported by Donald Trump<\/strong>, had made significant partnerships to increase its influence in the DeFi<\/strong> ecosystem. Recently, WLFI strengthened its position in the sector by establishing strategic alliances with various projects.<\/p>\n

So, what have WLFI & ENA been working on?<\/strong><\/p>\n

WLFI\u2019s long-term partnership with Ethena Labs<\/strong> takes the company\u2019s impact in the DeFi<\/strong> world to the next level. The first step of this partnership involves using Ethena\u2019s interest-bearing sUSDe token as collateral within the WLFI protocol. Furthermore, Ethena<\/strong> and WLFI<\/strong> plan to integrate sUSDe<\/strong> as the first new token supported by the Aave protocol.<\/p>\n

The statement also mentioned that even if the governance vote results in a negative outcome, the parties would continue to pursue their partnership. This highlights the strength of the collaboration between WLFI and ENA<\/strong>, showing their determination to maintain the partnership despite potential obstacles.<\/p>\n

Regardless of the governance vote result, both parties emphasize their commitment to working together to achieve their long-term goals.<\/p>\n

This move aims to leverage Ethena’s large user base and high total value locked (TVL)<\/strong>. As mentioned earlier, the strong strategic moves of both Ethena and WLFI<\/strong> are designed to boost their impact in the DeFi space.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em>the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Especially popular altcoin from the Trump era, ENA, raised $100 million to support its financial initiative. Since its launch a year ago, the cryptocurrency project Ethena, which has become one of the largest dollar-based cryptocurrencies, raised $100 million to finance the promotion of a similar token targeting traditional financial institutions. The previously undisclosed fundraising was<\/p>\n","protected":false},"author":29,"featured_media":37210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1801,6271,12087,3310,11053],"class_list":["post-37208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-100-million","tag-ethena-ena","tag-susde","tag-trump","tag-world-liberty-financial-wlfi"],"yoast_head":"\nEthena (ENA) Raises $100 Million for Financial Initiative - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ethena-ena-raises-100-million-for-financial-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethena (ENA) Raises $100 Million for Financial Initiative - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Especially popular altcoin from the Trump era, ENA, raised $100 million to support its financial initiative. 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