M2 announces $20 Million investment in Ethena ($ENA) as part of Strategic Venture for Middle East - BlockTelegraph

M2 announces $20 Million investment in Ethena ($ENA) as part of Strategic Venture for Middle East - BlockTelegraph

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M2 Capital Invests $20M in Ethena as TVL Approaches $15B

The post M2 Capital Invests $20M in Ethena as TVL Approaches $15B appeared on BitcoinEthereumNews.com. M2 Capital, the investment arm of UAE-based M2 Holdings, invested $20 million in ENA, the governance token for Ethena, a crypto-native synthetic dollar protocol built on Ethereum. M2 Holdings, a conglomerate with digital asset exposure across custody, investment and wealth management, plans to integrate Ethena (ENA) products into client offerin…

M2 Holdings to Integrate ENA Into Wealth Management Offerings After $20M Investment

Quick take: The investment is part of the company’s strategy to connect Middle Eastern investors with new digital asset infrastructure as the region continues to pursue a major role in global finance. M2 Holdings said the integration will add a regulated way for clients to access returns from emerging digital assets. Ethena’s main products, USDe and its reward-earning version, sUSDe, already boast $14 billion in deposits just over a year and a …

M2 Capital backs Ethena with $20M ENA token investment

M2 Capital deepens its digital asset strategy with a $20 million investment in Ethena, aiming to bring USDe and sUSDe to clients as the protocol’s TVL nears $15 billion.