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StablecoinX to go public via SPAC merger, raising $360M for ENA treasury

The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

StablecoinX to go public via SPAC merger, raising $360M for ENA treasury

The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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