MEXC Ventures invests $30 million in Ethena: A new record!

MEXC Ventures invests $30 million in Ethena: A new record!

On October 1, 2025, MEXC Ventures announced that they had invested an additional $30 million in the Ethereum ecosystem. This new financing brings the total investment to $66 million. The announcement also includes previous investments in Ethena Labs and the synthetic stablecoin USDe. MEXC Ventures, a well-known financing initiative, aims to support high-growth blockchain projects with direct capital investments and operational resources.

Ethena (ENA) is increasingly seen as a significant player in the stablecoin sector, particularly through its strong partnership with one of the largest exchanges in Asia. The constant support of MEXC allows Ethena to consolidate its position in the market and advance further developments. The new investment follows a previous $16 million investment in Ethena Labs as well as a $20 million acquisition in USDe, illustrating MEXC's strategic moves.

Growth and demand in the stablecoin market

By the end of September 2025, Ethena reached over $14 billion in USDe supply and generated over $660 million in fees last year. These impressive metrics demonstrate the growing demand for ENA, especially for listings on platforms like Upbit. Institutional and corporate investors are also showing increased interest in the platform.

In September, Ethena secured a $20 million investment from UAE-based M2 Capital and participated in an impressive $530 million investment round led by StablecoinX. These developments highlight investors' increasing confidence in Ethena and its synthetic dollar model, which is seen as a significant alternative to traditional, fiat-based stablecoins.

MEXC Ventures’ Strategic Support

MEXC’s support for Ethena promotes various aspects such as integration, governance and adoption in the area of ​​decentralized finance. MEXC Ventures uses its infrastructure to provide Ethereum and other projects access to trading, liquidity and market share. Over the past two years, MEXC Ventures has invested over $100 million in 40 projects, many with additional operational and marketing support.

The developments around Ethena and the continued investments by MEXC Ventures show that the market for stablecoins remains dynamic. With a clear growth trend and increasing institutional interest, Ethena faces a promising future in the blockchain ecosystem.