Coinbase Vent2026-06-02 23:45:48Coinbase Ventures Invests in Ethena via Open Market ENA Purchase, Teases New CooperationCoinbase Ventures invested in Ethena by purchasing ENA tokens on the open market, triggering a roughly 6% ENA price surge in 24 hours. The two sides will collaborate on on-chain finance and savings products, with Ethena's products connecting to Coinbase's 100+ million user base next week. The partnership involves Circle's USDC stablecoin, drawing market attention to the integration with Ethena's synthetic dollar USDe. The move comes amid a legislative deadlock on the US Clarity Act, which addresses whether platforms like Coinbase can offer stablecoin holding rewards—a proposal opposed by banking lobby groups.540
Ethena2026-06-03 00:00:49Ethena Partners with Coinbase to Build On-Chain Finance Products for 100M+ UsersDecentralized finance protocol Ethena has announced a partnership with Coinbase to jointly develop on-chain finance and savings products for Coinbase's 100 million-plus user base. The first growth initiative is set to launch next week, while Coinbase Ventures has completed its first open-market investment in ENA.480
Ethena2026-06-02 23:00:50Ethena Partners with Coinbase to Build On-Chain Finance Products; Coinbase Ventures Makes First ENA InvestmentEthena partners with Coinbase to build on-chain financial and savings products for over 100M users, with the first growth campaign launching next week. Coinbase Ventures made its first open-market purchase of ENA tokens.500
