
BlackRock Deepens DeFi Integration with Ethena Partnership, Boosting ENA Token by 8%
BlackRock has integrated Ethena into its risk management platform and established a $100 million liquidity facility for its tokenized money market fund.

BlackRock has integrated Ethena into its risk management platform and established a $100 million liquidity facility for its tokenized money market fund.

Ethena's USDe synthetic dollar has seen its circulating supply shrink by a significant 70% since its $14 billion peak in the October bull market.

Ethena's synthetic dollar, USDe, has seen its circulating supply contract by a significant 70% from its $14 billion October peak, as StablecoinX prepares for its Nasdaq debut this Friday.

Traditional asset manager Janus Henderson invests in Ethena's ENA token and eyes USDe distribution, deepening TradFi engagement with DeFi.

Coinbase Ventures has acquired Ethena tokens and plans to integrate Ethena's new savings product for its vast user base, signaling significant institutional interest in DeFi protocols.