{"id":11257,"date":"2025-09-19T17:44:16","date_gmt":"2025-09-19T17:44:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/yzi-labs-expands-stake-in-ethena-as-usde-surges-past-13b\/"},"modified":"2025-09-19T17:44:19","modified_gmt":"2025-09-19T17:44:19","slug":"yzi-labs-expands-stake-in-ethena-as-usde-surges-past-13b","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/yzi-labs-expands-stake-in-ethena-as-usde-surges-past-13b\/","title":{"rendered":"YZi Labs expands stake in Ethena as USDe surges past $13b"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">With USDe\u2019s supply soaring past $13 billion, its earliest institutional backer is reinforcing its position. YZi Labs\u2019 deepened commitment signals a long-term belief in a crypto-native dollar system, far beyond initial incubation.<\/p>\n<div id=\"cn-block-summary-block_074061e51b5ebd69abd4ae5f0c0c48f9\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>YZi Labs has expanded its stake in Ethena Labs as USDe supply surpasses $13 billion.<\/li>\n<li>The move reinforces YZi\u2019s early backing and supports Ethena\u2019s next growth phase.<\/li>\n<li>Investment targets deeper USDe integration, BNB Chain expansion, and new product launches.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>On September 19, YZi Labs <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/yzilabs\/status\/1969025323582071159\">announced<\/a> a significant expansion of its stake in Ethena Labs, the protocol engineering the USDe synthetic dollar. The move reinforces the venture firm\u2019s position as a foundational backer, strategically doubling down on a project it first incubated before USDe\u2019s public launch in February of last year.<\/p>\n<p>With USDe supply climbing past $13 billion and total value locked crossing the same mark, YZi Labs\u2019 deeper involvement signals alignment with Ethena\u2019s next growth cycle, including new products like USDtb and the Converge settlement layer.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Fueling Ethena\u2019s next growth phase<\/strong><\/h2>\n<p>While the specific dollar figure of the expanded stake remains undisclosed, YZi Labs outlined a clear strategic deployment for the capital. The investment is targeted to propel three core initiatives: deepening USDe\u2019s integration across both centralized and decentralized exchanges, accelerating its expansion on BNB Chain, and funding the development of two new flagship products.<\/p>\n<p>These include USDtb, a fiat-backed stablecoin pursuing GENIUS compliance, and Converge, an institutional settlement layer being developed with Securitize and BlackRock\u2019s tokenization partners to bring traditional finance-grade real-world assets on-chain.<\/p>\n<p>Ethena Labs founder and CEO Guy Young framed the renewed partnership as a critical step toward a long-envisioned goal for the digital-asset space.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe\u2019re thrilled to deepen our partnership with YZi Labs, a long-standing and strategic backer. The holy grail of digital dollar distribution has always been embedding stable, yield-bearing assets directly into the core of the crypto economy. With USDe now scaling across exchanges, DeFi protocols, and global user bases, that vision is becoming a reality,\u201d Young said.<\/p>\n<\/blockquote>\n<p>For YZi Labs, the decision reflects its wider mandate. The firm claims to manage more than $10 billion in assets worldwide and holds a portfolio of over 300 ventures across six continents, with more than 65 companies having passed through its incubation programs.<\/p>\n<p>Ethena is among its most prominent bets in digital finance, and it is backed by an equally heavyweight roster of investors that includes Dragonfly, Fidelity, Franklin Templeton, <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lnk.do\/Bnx5rBi7\">Binance<\/a> Labs, Bybit, and OKX.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>With USDe\u2019s supply soaring past $13 billion, its earliest institutional backer is reinforcing its position. YZi Labs\u2019 deepened commitment signals a long-term belief in a crypto-native dollar system, far beyond&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11257"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11257\/revisions"}],"predecessor-version":[{"id":11259,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11257\/revisions\/11259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11258"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}