YZi Labs Increases Investment in Ethena to Boost USDe Growth
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
YZi Labs Investment: YZi Labs has increased its stake in Ethena Labs to promote the adoption of the USDe stablecoin and support new product launches, enhancing its strategic role in the crypto market.
Institutional Partnerships: The collaboration with institutional partners BlackRock and Securitize aims to launch the Converge project, which focuses on creating an institutional settlement layer, further solidifying confidence in USDe's market presence.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







