Coinbase Ventures buys ENA on open market

Coinbase Ventures, the venture capital arm of the largest U.S. cryptocurrency exchange Coinbase, announced via its official X account that it has purchased Ethena (ENA) on the open market. The specific size of the purchase was not disclosed. Coinbase Ventures added that Ethena is a key player in on-chain finance and that it has high expectations for a closer partnership with Coinbase and USDC.