The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock's Uniswap and Apollo's Morpho investments. Asset management firm Janus Henderson made a strategic investment in Ethena's governance token, ENA. The $480 billion asset manager plans to allocate treasury cash into USDe and explore distributing the yield token through exchange-traded products. The deal comes days after Coinbase Ventures invested in Ethena and announced a par…
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