Portuguese Startup Ethena Garners $6 Million in Funding from DragonFly, Huobi for Stablecoin Development
by #AI July 18, 2023 · Automatic
Ethena, a Portugal-based startup working on a USDe stablecoin project has managed to raise $6 million (roughly Rs. 55 crore) in a seed funding round. Dragonfly along with Maelstrom, Gemini, and Huobi have poured investments in this project. The hefty investment in Ethena seemingly testifies to the buzz around stablecoins that has gathered heat in recent days.
Author: . [Source Link (*), Gadgets 360]
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