Ethena Labs Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 40

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 50

Ethena Labs General Information

Description

Developer of a delta-neutral stablecoin with embedded yield designed to transform digital currency into the first crypto-native yield-bearing stablecoin. The company aims to revolutionize the way we interact with the cryptocurrency market with its delta-neutral stablecoin, which offers several advantages over traditional stablecoins, enabling investors who want to gain exposure to the cryptocurrency ecosystem without having to worry about price volatility.

Contact Information

Website
www.ethena.fi
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Lisbon
  • Portugal
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning, Cryptocurrency/Blockchain, FinTech, Mobile
Corporate Office
  • Lisbon
  • Portugal

Ethena Labs Timeline

202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Ethena Labs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Secondary Transaction - Private Completed Generating Revenue
5. Early Stage VC 01-Oct-2025 Completed Generating Revenue
4. Early Stage VC 31-Dec-2024 Completed Generating Revenue
3. Early Stage VC 08-Mar-2024 Completed Generating Revenue
2. Seed Round 16-Feb-2024 $14M $14M Completed Generating Revenue
1. Seed Round 01-Jul-2023 Completed Startup
To view Ethena Labs’s complete valuation and funding history, request access »

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Ethena Labs Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a delta-neutral stablecoin with embedded yield designed to transform digital currency into the first crypto
Financial Software
Lisbon, Portugal
40 As of 2026

Mumbai, India
 

København V, Denmark
 
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Ethena Labs Competitors (38)

One of Ethena Labs’s 38 competitors is WazirX, a Formerly VC-backed company based in Mumbai, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
WazirX Formerly VC-backed Mumbai, India
Coinify Formerly VC-backed København V, Denmark
Ripple Venture Capital-Backed San Francisco, CA
Blockchain Venture Capital-Backed London, United Kingdom
Bitcoin.com Venture Capital-Backed Frigate Bay, Saint Kitts and Nevis
You’re viewing 5 of 38 competitors. Get the full list »

Ethena Labs Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Ethena Labs Investors (50)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bodhi Ventures Venture Capital Minority
Maven 11 Venture Capital Minority
Menon VC Venture Capital Minority
Multicoin Capital Venture Capital Minority
Ribbit Capital Venture Capital Minority
You’re viewing 5 of 50 investors. Get the full list »

Ethena Labs Investments (3)

Ethena Labs’s most recent deal was a Early Stage VC with Based for . The deal was made on 23-Feb-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Based 23-Feb-2026 Early Stage VC Financial Software
Solv Protocol 14-Oct-2024 Early Stage VC Other Financial Services
Echelon (Financial Services) 27-Aug-2024 Seed Round Other Financial Services
To view Ethena Labs’s complete investments history, request access »

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Ethena Labs FAQs

  • When was Ethena Labs founded?

    Ethena Labs was founded in 2023.

  • Where is Ethena Labs headquartered?

    Ethena Labs is headquartered in Lisbon, Portugal.

  • What is the size of Ethena Labs?

    Ethena Labs has 40 total employees.

  • What industry is Ethena Labs in?

    Ethena Labs’s primary industry is Financial Software.

  • Is Ethena Labs a private or public company?

    Ethena Labs is a Private company.

  • What is Ethena Labs’s current revenue?

    The current revenue for Ethena Labs is .

  • How much funding has Ethena Labs raised over time?

    Ethena Labs has raised $165M.

  • Who are Ethena Labs’s investors?

    Bodhi Ventures, Maven 11, Menon VC, Multicoin Capital, and Ribbit Capital are 5 of 50 investors who have invested in Ethena Labs.

  • Who are Ethena Labs’s competitors?

    WazirX, Coinify, Ripple, Blockchain, and Bitcoin.com are some of the 38 competitors of Ethena Labs.

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