Overview
- Co-founder Guy Young said the company is opening roughly 10 roles, lifting the team from about 20–25 contributors.
- Listings span backend, DeFi, trading and security engineering, plus a head of security, product design and business development.
- The hires are intended to accelerate two new business lines slated to launch in the next quarter.
- Young said each initiative has the potential to match USDe’s scale, though specific product details were not disclosed.
- The expansion follows recent integrations and backing, including M2 Capital as a new supporter and Jupiter’s plan to use Ethena’s whitelisting for JupUSD on Solana.