Emre Yumlu 
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 completed in December and attracted investor interest.
WLFI and ENA Strategic Partnership
As we previously knew, World Liberty Financial (WLFI), supported by Donald Trump, had made significant partnerships to increase its influence in the DeFi ecosystem. Recently, WLFI strengthened its position in the sector by establishing strategic alliances with various projects.
So, what have WLFI & ENA been working on?
WLFI’s long-term partnership with Ethena Labs takes the company’s impact in the DeFi world to the next level. The first step of this partnership involves using Ethena’s interest-bearing sUSDe token as collateral within the WLFI protocol. Furthermore, Ethena and WLFI plan to integrate sUSDe as the first new token supported by the Aave protocol.
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, showing their determination to maintain the partnership despite potential obstacles.
Regardless of the governance vote result, both parties emphasize their commitment to working together to achieve their long-term goals.
This move aims to leverage Ethena’s large user base and high total value locked (TVL). As mentioned earlier, the strong strategic moves of both Ethena and WLFI are designed to boost their impact in the DeFi space.
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