TechFlow, September 25 — According to CoinDesk, UAE-based investment firm M2 Capital has announced a $20 million investment into the cryptocurrency protocol Ethena, targeting its governance token ENA. Ethena is known for its crypto-native synthetic dollar product USDe and its yield-bearing version sUSDe, which have already attracted over $14 billion in deposits.
M2 Global Wealth will integrate Ethena into its wealth management offerings, providing Middle Eastern clients with regulated access to digital asset yields.




