{"id":50396,"date":"2025-10-01T04:01:48","date_gmt":"2025-10-01T04:01:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50396"},"modified":"2025-10-01T04:01:48","modified_gmt":"2025-10-01T04:01:48","slug":"mexc-ventures-raises-ethena-investment-to-66m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50396","title":{"rendered":"MEXC Ventures Raises Ethena Investment to $66M"},"content":{"rendered":"<div>\n<p>MEXC Ventures has doubled down on its investment in the Ethena ecosystem, bringing its total exposure to $66 million, according to a press release shared with CoinDesk.<\/p>\n<p>The latest move includes a $14 million investment in ENA, the governance token of the Ethena protocol, <a href=\"https:\/\/www.coindesk.com\/business\/2025\/03\/12\/mexc-ventures-invests-usd36m-in-ethena-s-usde-as-stablecoin-demand-continues-to-surge\">building on a $16 million ENA purchase<\/a> and $20 million acquisition of USDe made earlier this year.<\/p>\n<p>USDe is a synthetic stablecoin designed to track the value of the dollar without holding traditional reserves. Instead, it uses a combination of collateralized stablecoins and futures contracts.<\/p>\n<p>The stablecoin\u2019s market capitalization has nearly tripled since early July from around $5.3 billion to now stand at $14.65 billion. Traditional stablecoins backed by cash and cash equivalents, including U.S. Treasurys, remain dominant, with the leader USDT having a $174.7 billion market capitalization.<\/p>\n<p>MEXC Ventures, the press release says, has already invested over $100 million in 40 investment projects. It has provided \u201cenhanced empowerment support\u201d to seven projects.<\/p>\n<p>&#8220;We view our role as ecosystem builders rather than passive investors,\u201d Leo Zhao, Investment Director of MEXC Ventures, said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MEXC Ventures has doubled down on its investment in the Ethena ecosystem, bringing its total exposure to $66 million, according to a press release shared with CoinDesk. The latest move includes a $14 million investment in ENA, the governance token of the Ethena protocol, building on a $16 million ENA purchase and $20 million acquisition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50396","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50396"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50396\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}