CZ-led YZi Labs (formerly Binance Labs) Expands Investment in Ethena, Promoting Adoption of USDe

2025/09/22 12:14 (Updated 2025/09/23 10:00)
CoinPost
Written by A.Yamada
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CZ-led YZi Labs (formerly Binance Labs) Expands Investment in Ethena, Promoting Adoption of USDe

Promoting Stablecoin USDe and More

YZi Labs, a venture capital firm led by former Binance CEO Changpeng Zhao (CZ), announced on the 19th that it is expanding its investment in Ethena Labs, which offers the stablecoin USDe, among other products. Prior to this announcement, Ethena Labs had declared a partnership with Binance on the 9th of this month. This recent announcement reflects YZi Labs' mission to support an open digital dollar infrastructure that enhances the efficiency and liquidity of the entire financial ecosystem. Specifically, through ongoing investments...

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MAGAZINE

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