StablecoinX Expands ENA Financing to $890M, Fortifying Ethena’s Treasury Ahead of Nasdaq Debut
StablecoinX, in partnership with TLGY Acquisition, has raised an additional $530 million bringing total commitments to $890 million to supercharge its ENA token treasury strategy for the Ethena protocol. The fundraising milestone comes just ahead of a pivotal merger and a planned Nasdaq listing, positioning StablecoinX as a premier treasury company within the synthetic stablecoin…