coin-img-ETHETH-6.67%coin-img-BTCBTC-5.45%coin-img-SOLSOL-7.42%coin-img-XRPXRP-4.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-6.08%coin-img-SUISUI-6.33%coin-img-ADAADA-6.44%coin-img-ETHETH-6.67%coin-img-BTCBTC-5.45%coin-img-SOLSOL-7.42%coin-img-XRPXRP-4.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-6.08%coin-img-SUISUI-6.33%coin-img-ADAADA-6.44%coin-img-ETHETH-6.67%coin-img-BTCBTC-5.45%coin-img-SOLSOL-7.42%coin-img-XRPXRP-4.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-6.08%coin-img-SUISUI-6.33%coin-img-ADAADA-6.44%coin-img-ETHETH-6.67%coin-img-BTCBTC-5.45%coin-img-SOLSOL-7.42%coin-img-XRPXRP-4.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-6.08%coin-img-SUISUI-6.33%coin-img-ADAADA-6.44%

Coinbase Ventures makes first investment in Ethena; ENA jumps nearly 10%

Coinbase Ventures has made its first investment in Ethena, buying ethereum:0x57e114b691db790c35207b2e685d4a43181e6061 tokens directly on the open market. Coinbase and Ethena also unveiled a partnership aimed at rolling out onchain finance and savings products to Coinbase's 100M+ users. The market responded swiftly, lifting ENA by nearly 10% after the announcement. More details in the comments.
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ENA
ENA+4.94%
ETH
ETH-6.85%
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