![$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest](https://dailytalks.org/wp-content/uploads/2024/03/147326-14m-capital-infusion-catapults-ethena-labs-valuation-stablecoin-ranks-9th-largest.jpg)
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300 million…
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