Coinbase Ventures Buys ENA in First-Ever Investment in Ethena

Coinbase Ventures has entered its first position in Ethena through an open-market acquisition of ENA tokens.

Building on this development, Ethena has also entered into a partnership with Coinbase to roll out on-chain finance and savings products for more than 100 million users, with the initial initiative scheduled to launch next week.

Source: Ethena