July 22, 2025

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

1 min read
StablecoinX to go public via SPAC merger, raising 0M for ENA treasury

StablecoinX to go public via SPAC merger, raising 0M 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.