Ethena, a synthetic dollar🤑 protocol based on the Ethereum blockchain, has successfully raised $100 million in a private token sale.🥳
The round saw participation from high-profile investors including Franklin Templeton and F-Prime.🤔
The funds raised will be used to launch a dollar-pegged token🤑 designed specifically for traditional financial institutions, providing a stable and scalable cryptocurrency solution independent of traditional banking systems.🤯🥱
Ethena’s protocol aims to provide a crypto-native currency that is both stable and scalable, addressing the limitations of traditional financial systems. 😴😪
This initiative represents an important step in the rapprochement between decentralized finance (DeFi) and traditional finance.😵💫🤤🤗
