Ethena Labs added another $225 million worth of BlackRock's BUIDL tokens on Mar. 25, according to Arkham Intelligence. Following this mint, Ethena (ENA) now holds a total of $1.29 billion in BUIDL tokens.

ENA rebounded from the $0.34 support level, but still requires a break above $0.5.

Many crypto tokens have recovered this week as investors moved back to risky assets. This surge has brought the cryptocurrency market valuation to nearly $3 trillion.

The crypto market is always full of surprises, and Ethena (ENA) is now at the center of attention. The token has been moving up in price, but recent selloffs and upcoming token unlocks have created uncertainty about its future.

Cryptocurrencies saw significant gains in the past day as Bitcoin approached the vital $90K. Ethena (ENA) capitalized on the bullish sentiments to extend its weekly gains by around 10%. The impressive recovery made most ENA holders profitable, according to IntoTheBlock data.

Despite Ethena price extending weekly gains to over 7% this Tuesday, Donald Trump's World Liberty Financial has rattled the crypto market with its ENA selloff spree. On-chain statistics indicated that Trump's World Liberty sold a whopping 184,000 tokens intraday, reverberating a bearish sentiment among crypto traders and investors globally.

Ethena Labs founder Guy Young has claimed that the synthetic dollar issuer is responsible for 95% of the recent growth in BlackRock tokenized US Treasury fund BUIDL. Young disclosed this on X while responding to the news that Fidelity wants to issue its own tokenized fund on Ethereum.

KuCoin has introduced new USDC trading pairs for Stellar (XLM), Toncoin (TON), and Ethena (ENA). Following the announcement, the prices of all three tokens saw modest gains as traders responded to the development.

Crypto prices held steady on Monday morning as investors cheered the new reporting on Donald Trump's tariffs. The reciprocal tariffs expected on April 2 will not include industrial sectors like automobile and microchips. As a result, Bitcoin jumped above $86,000, while Ethereum moved above $2,000.

ENA faces challenges, but could rally if it breaks resistance levels around $0.47.

Germany's financial regulator BaFin has imposed a ban on public sales of the USDe token from Ethena GmbH.

Ethena price remains concerningly eyed by crypto market participants against the backdrop of a severe bearish trajectory. ENA erased nearly 4% in the past 24 hours, in sync with a renowned market maker dumping over $10 million worth of tokens.

Germany's BaFin enforces a ban on Ethena GmbH's USDe Token sales, citing approval process flaws and MiCAR noncompliance. The regulator freezes assets and orders website shutdowns while secondary trading remains unaffected. The post BaFin Bans Ethena's USDe Token in Germany Over Approval Process Flaws appeared first on Cryptonews.

The German regulator stepped in to squash offerings of Ethena's USDe stablecoin, citing "serious deficiencies in the approval procedure."

Germany's Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs' application to issue asset-referenced tokens under the European Union's Markets in Crypto-Assets Regulation (MiCAR). The regulator also raised concerns that the sUSDe may constitute an unlicensed security offering.

The halt was due to BaFin identifying "serious deficiencies in Ethena GmbH 's USDe token authorization" and instructed Ethena GmbH to freeze its asset reserve.

TL;DR BaFin has prohibited the public sales of Ethena GmbH's USDe token, claiming it violates the European Union's MiCAR regulations and markets unregistered securities. The protocol has been ordered to freeze the reserve assets and shut down its website, but secondary sales of USDe will not be affected.

German financial regulators have rejected Ethena Labs' MiCA application. The regulator has ordered Ethena to halt EU operations, freeze its asset reserves, and prohibit any new services.

The German financial regulatory authority, BaFin, has ordered the suspension of all public sales of the USDe token issued by Ethena GmbH. BaFin's decision stems from concerns that the token violates European Union regulations and potentially constitutes unregistered securities.

The possible violations related to USDe and sUSDe

Ethena's ENA token is down by 6.5% in the past 24 hours.

BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH's USDe — a synthetic dollar — claiming that the token violates the European Union's MiCAR regulations.According to the announcement from the regulator, BaFin has ordered the firm to freeze the reserve assets that back the token, close down the website portal, and has ordered the firm to stop taking new customers. In a translated statement, the regulator wrote: "The BaFin also has reasonable grounds to suspect that Ethena GmbH in Germany sells securities in the form of sUSDe tokens from Ethena OpCo. Ltd.

BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH's USDe (USDe) — a synthetic dollar — claiming the token violates the European Union's MiCAR regulations and accused the firm of selling unregistered securities in the region.BaFin ordered Ethena to freeze the reserve assets that back the token, close down the website portal, and ordered the firm to stop taking new customers, the regulator wrote in an announcement. BaFin also appointed a representative to monitor the ongoing situation with Ethena.

According to the decentralized total value locked (TVL) aggregator DefiLlama, the total Real World Tokenization (RWA) market has reached $10.2 billion in assets locked. Among the best-performing platforms are Maker's RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance, which have clocked a total TVL of over $4 billion.

Stablecoins surpass Visa, Mastercard in transaction volume, signaling a major shift in global finance.

The crypto project backed by BitMEX founder Arthur Hayes is launching a new blockchain with Securitize, a US company geared towards the tokenization of real-world assets (RWAs).

According to an X post, on-chain analysts noticed that the $USDe ticker was bought on Hyperliquid some hours ago today, March 18, 2025. Now, the user is speculating that the ticker purchase suggests Ethena is going to deploy on the Hyperliquid L1 chain.

Sky Protocol is trying to flip Ethena as the more active DeFi app, with a higher supply of stablecoins. The recent market downturn is affecting DeFi, as protocols adapt with shifting earnings rates and lower stablecoin supply.

Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.

TL;DR Unified TradFi & DeFi Platform: Ethena and Securitize unveil Converge, a cutting-edge EVM-compatible Layer-1 blockchain that seamlessly integrates traditional finance with decentralized finance for tokenized assets and digital dollars. Dual Model for Diverse Users: Converge serves both retail investors with permissionless DeFi access and institutional players via regulated, permissioned applications.

Ethena Labs published a report on Mirror detailing the information about the launch of its new upcoming blockchain, Converge.

​​Ethena Labs and Securitize have officially unveiled Converge, an Ethereum Virtual Machine (EVM)-compatible Layer-1 (L1) blockchain. Designed to integrate traditional finance (TradFi) with decentralized finance (DeFi), Converge aims to serve as a settlement layer for digital dollars and tokenized assets.

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.

Ethena Labs and Securitize have announced the launch of Converge, a layer-1 blockchain focused on institutional capital flows and integrating tokenized assets with DeFi. According to Ethena Labs' March 17 announcement, the initiative aims to provide a purpose-built network for permissioned and permissionless financial applications.

Converge, expected to launch in Q2, is an Ethereum-compatible blockchain featuring native KYC and custody solutions.

Ethena Labs and Securitize have announced the incoming launch of Converge, a blockchain tailor-made for DeFi and tokenized assets. The incoming blockchain has a deep pool of partners angling to roll out offerings with parties eyeing a Q2 launch.

Ethena Labs and Securitize have announced the launch of Converge, a blockchain designed to support decentralized finance and tokenized assets.

The Converge blockchain is Ethereum compatible and designed to bring DeFi to tokenized real world assets.

Here is how some of your favorite assets concluded the week.

Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.

BlackRock's tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets under management following a $200 million allocation from Ethena. Data from RWA.

BlackRocks tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets, driven by a $200 million allocation from crypto protocol Ethena, according to Securitize. Ethereum blockchain data from Arkham Intelligence confirmed a $200 million BUIDL minting at 18:47 UTC on Thursday.

BUIDL is a key building block for multiple yield-generating offerings as a reserve asset, and it's increasingly used as collateral on trading platforms.

The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.

TL;DR MEXC Ventures invests $36 million in Ethena and its USDe stablecoin to accelerate the adoption of synthetic dollars within the DeFi ecosystem. USDe is a synthetic stablecoin that maintains its value through collateralizing other stablecoins and holding futures positions, differentiating itself from directly fiat-backed stablecoins.

The investment aims to boost stablecoin adoption and crypto accessibility.

Ethena surges 4.96% as derivative traders fuel momentum, while spot traders continue selling.

Smart Money Wallets have been accumulating JoeToken (JOE), AI Rig Complex (ARC), and Mochi (MOCHI) despite the recent market crash. JOE saw nearly $44,000 in buys over the past week, while ARC attracted more than $32,000, even as its price dropped over 67%.