MEXC Ventures Invests $36 Million in Ethena and USDE to Boost Crypto Innovation and Developments in the Blockchain Space
MEXC Ventures, the investment branch of the cryptocurrency exchange MEXC, has invested $16 million in Ethena, a prominent player in the stablecoin Market. Additionally, MEXC acquired $20 million worth of USDe, Ethena’s synthetic dollar, to encourage widespread adoption. The investment is a nod to Ethena’s strong vision for stablecoins in decentralized finance. As stablecoins become ...