StablecoinX increases funding to $890M for Ethena’s ENA treasury
The acquisition of Stablecoinx and Tlgy has brought in an extra $530 million to purchase digital assets, marking a total commitment of $890 million in anticipation of the merger and NASDAQ listing. Now known as Stablecoinx Inc., the company aims to hold over 3 billion ENAs, which are the native tokens of the Ethena protocol. […]