StablecoinX Launches With $360 Million Backing for Ethena Treasury

TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced the

Source: Bitcoin.com