Biteye
Biteye|Sep 22, 2025 05:49
YZi Labs announced they’re doubling down on their investment in @ethena_labs, and this time it’s not just about funding—it’s about Ethena’s next-phase roadmap: - Further driving USDe adoption across CEX and DeFi scenarios; - Expanding deployment on BNB Chain with more lending and capital markets; - Continuing to push forward USDtb and Converge implementation. Back in early 2024, when they were still Binance Labs, they invested in Ethena through their incubation program. Now, with this renewed commitment, it’s clear they’re making a long-term bet on Ethena’s future development. For ENA, with buybacks, fee conversion mechanisms, and this wave of capital backing, the value logic is getting stronger and stronger.
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