Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution
Asset management firm Janus Henderson has invested in Ethena's ENA token and plans to integrate the USDe synthetic dollar into its treasury strategy. This move reflects a growing trend of traditional financial institutions adopting decentralized finance infrastructure.
Why it matters
It signals increasing institutional adoption of DeFi protocols and the blurring lines between traditional asset management and blockchain-based finance.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock s Uniswap and Apollo s Morpho investments. By Krisztian Sandor | Edited by Stephen Alpher Jun 9, 2026, 2:54 p.m. 2 min read Make preferred on Guy Young, CEO and cofounder of Ethena Labs (CoinDesk) What to know : 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 partnership to bring Ethena products to its user base. Ethena continues to deepen its ties with traditional finance, announcing a deal with asset manager Janus Henderson that includes a strategic investment in the protocol s governance token.
The article reports on a business partnership and market movements using standard financial journalism practices.
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