TechFlow News, June 3: According to The Block, Coinbase Ventures announced it has completed its investment in Ethena by purchasing ENA tokens on the open market. Both parties also announced a strategic partnership to jointly expand on-chain financial and savings products. Guy Young, Ethena’s founder, revealed that the integration will go live next week, marking the first time Ethena’s products will be made available to Coinbase’s over 100 million users. Additionally, the partnership involves Circle’s USDC stablecoin, though specific collaboration details have not yet been disclosed.
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