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Coinbase backs Ethena to launch new savings product for 100M users next week

Market News
02 Jun 2026
Coindesk
View Source
Bullish
Coinbase backs Ethena to launch new savings product for 100M users next week

Coinbase Ventures has purchased Ethena's ENA tokens as the two prepare to launch an onchain savings product for Coinbase's 100 million users next week. This partnership expands Ethena's reach beyond crypto-native users and integrates its products into Coinbase's ecosystem, including custody and wallet services. Ethena also deepens its collaboration with Anchorage Digital to support institutional lending, making crypto lending more accessible with regulated custody. This move highlights Coinbase's endorsement of Ethena's innovative yield strategies amid ongoing crypto market challenges and regulatory discussions in the U.S.

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Soft magnetic materials market to grow to $30.62B by 2031 driven by EVs, renewable energy, and smart grids.

Soft magnetic materials market to grow to $30.62B by 2031 driven by EVs, renewable energy, and smart grids.

The global soft magnetic materials market, valued at $20.89 billion in 2025, is projected to reach $30.62 billion by 2031 with a CAGR of 6.7%. Growth is fueled by rising demand in electric vehicles, renewable energy, and smart grid applications, whic...

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Global brain health supplements market to hit $35.41B by 2035, driven by natural products and e-commerce growth.

Global brain health supplements market to hit $35.41B by 2035, driven by natural products and e-commerce growth.

The global brain health supplements market is projected to grow from $12.47 billion in 2025 to $35.41 billion by 2035, at an 11% CAGR. This growth is fueled by rising consumer interest in cognitive wellness, preventive care, and natural ingredients l...

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56 minutes ago
AI robotics in warehousing market to hit $102.67B by 2035, driven by e-commerce and labor shortages.

AI robotics in warehousing market to hit $102.67B by 2035, driven by e-commerce and labor shortages.

The AI robotics market in warehousing is projected to grow from $12.57 billion in 2025 to $102.67 billion by 2035, with a CAGR of 23.37%. Growth is fueled by rising e-commerce demand, labor shortages, and the need for faster delivery, which drive ado...

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57 minutes ago
Vereigen Media wins Gold at 2026 TITAN Awards for Verified Content Engagement lead generation solution

Vereigen Media wins Gold at 2026 TITAN Awards for Verified Content Engagement lead generation solution

Vereigen Media's Verified Content Engagement (VCE) solution won Gold at the 2026 TITAN Business Awards for improving B2B lead quality through first-party data, human verification, and engagement validation. This approach helps marketing teams deliver...

Others
Neutral
1 hour ago
UBS Group AG surpasses 5% ownership in Bang & Olufsen shares as of October 9, 2026

UBS Group AG surpasses 5% ownership in Bang & Olufsen shares as of October 9, 2026

UBS Group AG has officially notified that it holds 7,768,727 shares in Bang & Olufsen A/S, representing 5.27% of the company's total share capital and voting rights as of October 9, 2026. This disclosure is made in compliance with the Danish Capital ...

Market News
Neutral
3 hours ago
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