TLGY Acquisition Corp. and StablecoinX Assets Inc. announced an additional $530 million in PIPE financing, bringing total committed PIPE proceeds to $890 million in support of their proposed business combination and a multi‑year treasury strategy focused on accumulating ENA, the Ethena protocol’s native token. The financing—priced at $10 per share—includes participation from YZi Labs, Brevan […]
Source link

Chain Articles > Blog > Bitcoin > TLGY and StablecoinX Secure $890 Million PIPE to Build ENA Treasury for Ethena Ecosystem
TLGY and StablecoinX Secure $890 Million PIPE to Build ENA Treasury for Ethena Ecosystem
posted on
You Might Also Like
GCrypto Launches “Big Trades, Big Rebates” Promo: Earn ₱1,500 in Stablecoin
Jack DaviesOctober 27, 2025
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with...
Worldcoin Faces New Regulatory Pressure as Thai Authorities Raid Iris-Scanning Site
Jack DaviesOctober 27, 2025
Sam Altman’s Worldcoin project is once again under heavy regulatory fire, this time in Thailand, where the national Securities and...
Why The Bitcoin Price May Be Decoupling From Its Four-Year Cycle
Jack DaviesOctober 26, 2025
Has the bitcoin price finally broken away from its four-year cycle pattern, or is this bull market already entering exhaustion?...
Bitcoin Whale’s $300M Transfer Sparks Speculation After Kraken Hot Wallet Transaction Goes Viral
Jack DaviesOctober 26, 2025
On Sunday, X lit up with chatter about a mystery bitcoin whale quietly scooping up thousands of BTC from Kraken’s...



