TLGY, StablecoinX Raise $530M for ENA Reserve; Combined Firm Could Hold 3 Billion ENA Ahead of Nasdaq Listing

Sep 06 2025 bitcoin


Ethena stablecoin: StablecoinX and TLGY raised $530 million via a PIPE to expand the ENA reserve, bringing total commitments to $890 million to buy ENA, boost liquidity and support USDe



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