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 (ENA) price increased by 9.1% to about $0.39, continuing a weekly gain of 16.1%. However, on-chain data reveals the rally is weakly supported, with 82.1% of transfer volume flagged as wash trading and tokens flowing into exchanges, signaling p...
Ethena, the protocol behind the synthetic dollar USDe, is expanding its reserve backing to include equities and commodities while shutting down its HyENA deployer that managed 18 perpetual futures markets on Hyperliquid's HIP-3 framework. This closur...
The Ethena Foundation has bought out early investors who sold their ENA tokens, except one wallet that chose to hold. They have proposed a fee switch to fund ENA buybacks, which will be voted on by tokenholders by September 2. The buyback mechanism d...
Bitcoin options with a notional value of about $6.4 billion are set to expire on August 28, 2026. This large expiry could influence market positioning and volatility, though the actual impact on Bitcoin's price depends on factors like strike distribu...
Ethena proposes allocating 95% of net revenue from its branded businesses to buy back ENA tokens once the USDe stablecoin supply reaches $7.5 billion. The Ethena Foundation has also bought locked ENA tokens from seed investors and plans to accelerate...
