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MEXC Ventures Supercharges Ethena Investment to $66M - Bullish Bet on DeFi Future

MEXC Ventures Supercharges Ethena Investment to $66M - Bullish Bet on DeFi Future

Author:
CoindeskEN
Published:
2025-10-01 03:00:00
18
1

MEXC Ventures Raises Ethena Investment to $66M

MEXC Ventures just dropped a massive $66 million vote of confidence in Ethena, signaling serious institutional belief in the protocol's potential.

The Funding Frenzy

That $66 million injection isn't just pocket change—it represents one of the largest single venture rounds in recent DeFi memory. MEXC's move suggests they see something most traditional finance suits are still missing.

Strategic Implications

This capital infusion positions Ethena for accelerated protocol development and market expansion. The timing couldn't be more perfect as DeFi continues eating traditional finance's lunch.

Market Impact

While VCs throw millions at promising protocols, retail investors get to watch from the sidelines until the token launches—then they can fight for scraps during the public offering. Some things never change in finance, even in the decentralized version.

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