The M2 Capital Limited, the UAE -based M2 Holdings investment arm, has invested $ 20 million in the token of the management of Etherna, ENA. The move emphasizes a push to connect investors to the Middle East with new digital asset infrastructure at a time when the region is looking for a bigger role in global finances.
Ethena is known for her crypto-native synthetic dollars, USDE, and version of this reward, Susde. Both have been back through the crypto collateral and preserves through the strategies that are designed to reduce volatility.
The protocol has attracted more than $ 14 billion to deposits since the launch in 2024, reflecting appetite for stablecoin products that also form yield.
M2 Global Wealth, an affiliate of M2 Holdings, will include Ethhena in wealth management offerings. The group said it adds a regulated method for clients to access returns from emerging digital assets. Kim Wong, head of the M2 Treasury, said the deal sets a new standard for regional trust and security market.
The investment complies with the M2 participation in a funding initiative for the SUI Blockchain ecosystem earlier this year. It also came as the UAE continued to strengthen its regulation framework to attract crypto and investors companies.
By aligning with Etha, M2 aims to offer caution services, harvests, and liquidity while accelerating the adoption of new digital financial tools in the Middle East.
