StablecoinX expands financing to $890M for Ethena's ENA treasury
TLGY and StablecoinX add $530 million, lifting ENA treasury financing to $890 million ahead of their SPAC merger and Nasdaq debut, with holdings set to exceed 3 billion ENA.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
TLGY and StablecoinX add $530 million, lifting ENA treasury financing to $890 million ahead of their SPAC merger and Nasdaq debut, with holdings set to exceed 3 billion ENA.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Solana treasury giant DeFi Development opens $300M CHAD offering backed by a massive 13% dividend catch
Solana treasury company DeFi Development Corp. has opened an at-the-market program for up to 30 million CHAD preferred shares, cre...
UK Sets Crypto Licensing Rules as Treasury Plans to Exempt Some Stablecoin Payments
The UK’s Financial Conduct Authority published final guidance on Wednesday setting out which crypto activities will need its autho...
Ripple Joins Velocity, Targets Payment Back End With $10 Million Extension
London-based Velocity has raised an additional $10 million, extending its Series A to $48 million at a $200 million post-money val...
Celsius sues BitMEX for $495 million just 11 days before exchange shutdown
Celsius Network’s bankruptcy estate has sued BitMEX over a 2020 liquidation cascade it says cost more than 6,360 Bitcoin. The comp...
TheDAO Security Fund Opens $1.8 Million Round Two for ‘Ethereum’s Security To-Do List’
TheDAO Security Fund opened the second round of its ETHSecurity Initiatives program on Tuesday, publishing a crowdsourced board of...
Brazil’s B3 gets DIGY11, a new ETF tracking Bitcoin treasury preferred stock
OranjeBTC’s DIGY11 product page on Sept. 15 marked the exchange-traded fund as “now on B3” and displayed a value of R$10.04 per un...