Janus Henderson, a $480 billion asset manager, made a strategic investment in Ethena's governance token ENA and plans to use Ethena's USDe synthetic dollar for treasury cash management. The firms will also explore offering USDe to Janus Henderson clients through exchange-traded products. This deal highlights the growing trend of traditional finance firms backing decentralized finance (DeFi) infrastructure. Ethena recently partnered with Coinbase Ventures and expanded its institutional lending support with Anchorage Digital, positioning itself as a major DeFi protocol with about $5 billion in assets under management.
Audiera (BEAT) led today's crypto gainers with a 12.53% rise to $4.36, driven by its decentralized music streaming platform and new artist partnerships. Other notable gainers include DeXe, XDC Network, Midnight, and Hyperliquid, reflecting growing in...
Audiera (BEAT) led crypto gainers with a 66.42% price jump to $3.87, driven by growing adoption of its decentralized audio streaming platform using blockchain technology. Other notable movers include Siren (SIREN) up 40.53%, Zcash (ZEC) rising 13.56%...
Ethena (ENA) fell 14.28% to $0.0907 following a $5.28 million transfer of 56.1 million ENA tokens by Multicoin Capital through Galaxy Digital and BitGo, raising questions about institutional intentions. Despite the price drop, ENA saw a net outflow o...
