Coinbase unveils Ethena investment in ‘onchain finance’ expansion push
Jun 2, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan

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Coinbase Ventures has purchased ENA tokens on the open market and announced a partnership with Ethena to build onchain savings products for more than 100 million combined users. Cryptopolitan has previously reported on Coinbase’s growing presence in the Hyperliquid ecosystem, where the exchange took over as the official USDC treasury deployer and acquired the USDH...





