A press launch circulated by public relations agency Wachsman, slated for publication Friday morning, stated that Ethena raised $14 million from Dragonfly, Brevan Howard Digital, Avon Ventures (an affiliate of Constancy Funding’s dad or mum firm), Franklin Templeton, PayPal Ventures, Maelstrom (the household workplace BitMex founder Arthur Hayes) and a few main by-product alternate together with Binance, Bybit, OKX, Deribit, Gemini and Kraken.