Coinbase Ventures invests in ENA for the first time, Ethena will collaborate with Coinbase to develop on-chain financial and savings products

Jun 3, 2026 00:52:12

The decentralized finance protocol Ethena announced a partnership with Coinbase, and both parties will jointly develop on-chain financial and savings products for Coinbase's over 100 million users, with the first growth plan set to launch next week.

Meanwhile, Coinbase Ventures has completed its initial investment in Ethena (ENA) in the public market.

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