Janus Henderson, managing $480 billion, invested in Ethena's ENA governance token and adopted the USDe stablecoin for treasury cash management. Ethena will back USDe with Janus Henderson's tokenized AAA-rated collateralized loan obligation (CLO) fund, marking a significant move into corporate credit beyond traditional crypto and US Treasury reserves. This partnership also allows Janus Henderson to explore distributing USDe to its clients, expanding Ethena's reach into institutional channels. The deal highlights growing integration between traditional finance and decentralized finance through real-world asset backing.
Ethena's Coinbase custody wallet moved 290 million ENA tokens worth $26.41 million to a personal wallet linked to exchanges, raising concerns of market distribution. However, traders held off on selling, awaiting confirmation, as ENA traded near a ke...
Audiera (BEAT), a decentralized music streaming platform, surged 5.24% to $2.60, driven by rising interest in blockchain-based music royalty solutions. Other notable gainers include Hedera (HBAR) up 4.86%, Ethena (ENA) and Ondo (ONDO) both up 3.55%, ...
Ethena (ENA) has rallied 13% from a recent low, with increased buying pressure and a flipped support level at $0.085. Despite this short-term uptrend and potential targets at $0.098, $0.118, and $0.123, the overall higher timeframe trend remains bear...
