Markets
Quant, Ethena and Bitway lead weekly crypto gains, can they hold?
Bitcoin has gained about 3.8% over seven days as U.S. spot Bitcoin ETFs have drawn $2.39 billion this week, while Quant, Ethena and Bitway have led…
Ethena
News
Ethena takes USDe basis trade into tokenized US equities
Ethena has added tokenized U.S. equities and equity perpetual futures to the basis trading strategy used for part of USDe’s backing, taking a funding model previously…
News
Ethena proposes 95% revenue allocation to ENA buybacks
Ethena has proposed directing 95% of net revenue from its branded businesses toward ENA buybacks once USDe supply reaches $7.5 billion, as the protocol also moves…
CME
CME Group adds ENA reference rates across three regions
CME Group has added three regional U.S. dollar reference rates and real-time indices for Ethena’s ENA token, with daily publication beginning Aug. 24. CME Group adds…
Crypto assets
Ethena, FalconX launch $1 billion USDe lending facility
Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to finance overcollateralized loans for institutional borrowers. How the…