MEXC Ventures Invests $36 Million in Ethena & USDE

MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has made a strategic investment of $16 million in Ethena, a leading innovator in the stablecoin space. In addition to this investment, MEXC has purchased $20 million in USDe, Ethena’s synthetic dollar, in a move aimed at promoting broader use and adoption of the token within the crypto ecosystem. MEXC Ventures recognizes the exceptional vision and execution of the Ethena team, who have accurately identified the growing demand for stablecoins...

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