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Ethena Labs

ENA

Ethena is a startup developing the first-ever ‘internet bond’ and a new Ethereum-based stablecoin USDe that achieves stability by hedging price exposure through shorting Ethereum using perpetual swaps, while their savings bond offers individuals worldwide a dollar-denominated savings instrument with the benefits of decentralized finance.

RAISED

Raised Oct 2025
14000000
Details
Investors
Raised Feb 2025
16000000
Details
Investors
Raised Feb 2025
100000000
Private
Details
Investors
Raised Feb 2024
14000000
Strategic
Round valuation: 300000000
Details
Lead Investors
Raised Feb 2024
TBD
Details
Lead Investors
Raised Jul 2023
6500000
Seed
Details