Ethena Secures $360M Investment Deal and Launches $260M Buyback Program

2025-07-21 13:25:44

Gate News bot message, Ethena has completed a significant financial transaction, announcing a $360 million "StablecoinX" PIPE (Private Investment in Public Equity) deal. Simultaneously, the foundation has initiated a substantial open market buyback program worth $260 million to support market operations.

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