Plasma has recently revealed its collaboration with Ethena Labs, which is focused on making financial services that bear yield accessible across the …
Ethena
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Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany. The decision comes three weeks after BaFin, Germany’s …
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Last week, March 18, the TVL in RWAs surpassed $10 billion mark, making the sector 7th biggest category in DeFi market. As …
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Regulation
German regulator rejects Ethena Labs’ license application in the EU, suspects sUSDe is a security
by shayaanby shayaanGermany’s Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs’ application to issue asset-referenced tokens under the European Union’s Markets in Crypto-Assets …
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According to an X post, on-chain analysts noticed that the $USDe ticker was bought on Hyperliquid some hours ago today, March 18, …
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DeFi
Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain
by shayaanby shayaanSecuritize and Ethena Labs, two firms working closely with BlackRock’s money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed …
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Adoption
Ethena Labs and Securitize launch institutional-focused Layer-1 blockchain called Converge
by shayaanby shayaanEthena Labs and Securitize have announced the launch of Converge, a layer-1 blockchain focused on institutional capital flows and integrating tokenized assets …
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Ethena’s daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%. According to …
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Markets
Donald Trump Acquires $54,200,000 Worth of Ethereum, Chainlink, Ethena and More Hours Before Inauguration
by shayaanby shayaanThe team behind President Donald Trump’s crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 …
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The DeFi sector continues to progress, with the prominent dApps making new developments. As per the data from Phoenix Group, Aerodrome, Ethena, …