Ethena Labs terminates its operations in Germany and transfers to BVI entity operations.

GateNews

2025-04-15 13:35:45

ENA-8,1%

Gate.io News bot news, according to reports by Wu, Ethena Labs has reached an agreement with the German financial regulator BaFin to liquidate all operations of Ethena GmbH while giving up the application for MiCAR authorization in Germany.

Starting from March 21, Ethena GmbH has suspended all minting and redemption operations. These operations have been completely taken over by Ethena (BVI) Limited, and all original whitelisted users have been transferred to the new entity. Ethena GmbH no longer has any users or direct clients.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments