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💵UAE-based M2 Holdings (via M2 Capital Limited) has invested $20M into @ethena\_labs’ governance token $ENA, signaling efforts to build digital asset infrastructure in the Middle East and expand its global finance role.
@ethena\_labs is known for its crypto-native synthetic dollar $USDe and yield-bearing $sUSDe, backed by crypto collateral with hedging strategies. Since launch in 2024, it has attracted $14B+ deposits.
M2’s affiliate, M2 Global Wealth, will integrate Ethena into its wealth management products, offering clients a regulated path to digital asset returns.
Source： @CoinDesk
#Ethena ENA #Stablecoins M2Holdings #CryptoInvesting