Tag: PIPE

M2 Capital Invests $20M in Ethena to Expand Synthetic Dollar Offerings in the Middle East

By Marco Piccolo Key highlights: M2 Capital has invested $20 million in ENA, the governance token of Ethena, a crypto-native synthetic dollar protocol. The deal supports the integration of Ethena’s products into M2’s regulated wealth management offerings via M2 Global Wealth. Ethena’s USDe stablecoin and sUSDe yield-bearing token have helped the protocol surpass $14 billion […]