StablecoinX
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StablecoinX Inc. has announced a $360 million capital raise to purchase $ENA
The news about StablecoinX Inc. raising $360 million to purchase ENA tokens and its listing on Nasdaq under the ticker USDE is indeed confirmed by several sources. Here are the key aspects and their impact on the ENA token:
1. Deal Details
StablecoinX raised $360 million, including $260 million in cash and $100 million in locked ENA tokens ($60 million of which were provided by the Ethena Foundation).These funds will be used to buy back ENA from circulation, which could reduce its available supply on the market.
2. Impact on ENA Price
Positive Effect: Large-scale ENA purchases will stimulate demand, especially if StablecoinX begins active buying. This could lead to short-term price growth, as previously observed (ENA rose 8% after the announcement).Reduced Liquidity: Locking $100 million worth of ENA as part of the deal will limit its availability on exchanges, increasing scarcity and potentially boosting its value.
3. Nasdaq Listing
Plans to list StablecoinX shares on Nasdaq under the ticker USDE could:
Attract institutional investors who previously avoided the crypto market due to the lack of regulated instruments.Increase the connection between traditional finance and DeFi, which will positively impact the perception of ENA as the "foundation" of the USDe ecosystem.
Impact of the $60 Million from Ethena Foundation on ENA Market Cap and Price
1. Investment Mechanism
The Ethena Foundation allocated $60 million in ENA as part of the deal with StablecoinX Inc., which raised $360 million to purchase tokens and list shares on Nasdaq. This means the Foundation transferred a portion of its reserve tokens to StablecoinX, likely in exchange for a stake in the project or as part of a strategic partnership.2. Impact on ENA Market CapPotential Market Cap Increase: If the $60 million worth of ENA is used by StablecoinX to support USDe liquidity or reserves, it could boost confidence in the ecosystem. Increased confidence will lead to higher demand for ENA as a governance token, pushing the market cap upward.Risk of Market Cap Decrease: If the Foundation sold ENA directly on the market, it could temporarily increase supply and cause a price drop. However, according to analysts, the majority of tokens associated with StablecoinX are locked, which reduces liquidity and supports the price.
Statistics
Current ENA market cap (July 2025): ~$85 million (CoinGecko).Share of $60 million in the total market cap: ~70%. This means that even a partial reduction in supply could significantly impact the price. For example, if 10% of tokens disappear from circulation, it could push the price up by 20–30% (considering ENA's current volatility).
Investor Recommendations
Monitor Token Lockups: If the $60 million worth of ENA is locked for a long term (e.g., 1–2 years), this would be a bullish signal.Analyze Regulatory Steps: Listing on Nasdaq requires compliance with SEC standards. Any delays or rejections will negatively impact the price.Assess USDe Integration: StablecoinX's success depends on USDe adoption in DeFi. Growth in TVL (currently $2.3 billion) and new integrations (e.g., with Uniswap) will strengthen ENA.
Summary
The $60 million investment by the Ethena Foundation in ENA has high potential for increasing market cap and price if the tokens are used strategically (e.g., to support USDe or for locking). However, the deal's success depends on regulatory decisions and StablecoinX's ability to execute the Nasdaq listing plan. Short-term investors might take profits on a 10–20% rise, while long-term investors should assess the resilience of the USDe ecosystem by 2026.
$ENA #Ethena #DeFi #CryptoNews #USDe #StablecoinX #Nasdaq $ENA
1. Deal Details
StablecoinX raised $360 million, including $260 million in cash and $100 million in locked ENA tokens ($60 million of which were provided by the Ethena Foundation).These funds will be used to buy back ENA from circulation, which could reduce its available supply on the market.
2. Impact on ENA Price
Positive Effect: Large-scale ENA purchases will stimulate demand, especially if StablecoinX begins active buying. This could lead to short-term price growth, as previously observed (ENA rose 8% after the announcement).Reduced Liquidity: Locking $100 million worth of ENA as part of the deal will limit its availability on exchanges, increasing scarcity and potentially boosting its value.
3. Nasdaq Listing
Plans to list StablecoinX shares on Nasdaq under the ticker USDE could:
Attract institutional investors who previously avoided the crypto market due to the lack of regulated instruments.Increase the connection between traditional finance and DeFi, which will positively impact the perception of ENA as the "foundation" of the USDe ecosystem.
Impact of the $60 Million from Ethena Foundation on ENA Market Cap and Price
1. Investment Mechanism
The Ethena Foundation allocated $60 million in ENA as part of the deal with StablecoinX Inc., which raised $360 million to purchase tokens and list shares on Nasdaq. This means the Foundation transferred a portion of its reserve tokens to StablecoinX, likely in exchange for a stake in the project or as part of a strategic partnership.2. Impact on ENA Market CapPotential Market Cap Increase: If the $60 million worth of ENA is used by StablecoinX to support USDe liquidity or reserves, it could boost confidence in the ecosystem. Increased confidence will lead to higher demand for ENA as a governance token, pushing the market cap upward.Risk of Market Cap Decrease: If the Foundation sold ENA directly on the market, it could temporarily increase supply and cause a price drop. However, according to analysts, the majority of tokens associated with StablecoinX are locked, which reduces liquidity and supports the price.
Statistics
Current ENA market cap (July 2025): ~$85 million (CoinGecko).Share of $60 million in the total market cap: ~70%. This means that even a partial reduction in supply could significantly impact the price. For example, if 10% of tokens disappear from circulation, it could push the price up by 20–30% (considering ENA's current volatility).
Investor Recommendations
Monitor Token Lockups: If the $60 million worth of ENA is locked for a long term (e.g., 1–2 years), this would be a bullish signal.Analyze Regulatory Steps: Listing on Nasdaq requires compliance with SEC standards. Any delays or rejections will negatively impact the price.Assess USDe Integration: StablecoinX's success depends on USDe adoption in DeFi. Growth in TVL (currently $2.3 billion) and new integrations (e.g., with Uniswap) will strengthen ENA.
Summary
The $60 million investment by the Ethena Foundation in ENA has high potential for increasing market cap and price if the tokens are used strategically (e.g., to support USDe or for locking). However, the deal's success depends on regulatory decisions and StablecoinX's ability to execute the Nasdaq listing plan. Short-term investors might take profits on a 10–20% rise, while long-term investors should assess the resilience of the USDe ecosystem by 2026.
$ENA #Ethena #DeFi #CryptoNews #USDe #StablecoinX #Nasdaq $ENA
🔥 JUST IN: StablecoinX Raises $360M — Allocates $260M to Buy $ENA Tokens! 💥
In a game-changing move, StablecoinX has successfully closed a $360 million funding round, marking one of the largest DeFi investments of the year! 💰🚀
But the real headline? A staggering $260 million of that capital is being allocated to purchase $ENA tokens directly from the Ethena Foundation — a bold bet on the future of decentralized finance and synthetic stable assets. 🧠📊
💡 Why this matters:
• 🔹 Ethena’s $ENA powers one of the most innovative yield-bearing stablecoin systems in crypto.
• 🔹 Institutional backing at this scale shows growing confidence in on-chain synthetic dollar systems.
• 🔹 Strategic alignment between StablecoinX and Ethena could reshape the stablecoin economy.
This isn’t just an investment — it’s a massive vote of confidence in the future of decentralized stable assets, composable finance, and long-term utility in global markets.
🧨 The DeFi game is heating up… and StablecoinX just went ALL IN.
#StablecoinX #ENA #Ethena #DeFi #Bullish
In a game-changing move, StablecoinX has successfully closed a $360 million funding round, marking one of the largest DeFi investments of the year! 💰🚀
But the real headline? A staggering $260 million of that capital is being allocated to purchase $ENA tokens directly from the Ethena Foundation — a bold bet on the future of decentralized finance and synthetic stable assets. 🧠📊
💡 Why this matters:
• 🔹 Ethena’s $ENA powers one of the most innovative yield-bearing stablecoin systems in crypto.
• 🔹 Institutional backing at this scale shows growing confidence in on-chain synthetic dollar systems.
• 🔹 Strategic alignment between StablecoinX and Ethena could reshape the stablecoin economy.
This isn’t just an investment — it’s a massive vote of confidence in the future of decentralized stable assets, composable finance, and long-term utility in global markets.
🧨 The DeFi game is heating up… and StablecoinX just went ALL IN.
#StablecoinX #ENA #Ethena #DeFi #Bullish
Ethena Foundation Launches StablecoinX to Acquire $360M in $ENA 🚀
The Ethena Foundation is launching StablecoinX Inc., a new crypto treasury and infrastructure firm, through a SPAC merger with TLGY Acquisition. The deal includes a $360 million PIPE to fund massive #ENA token buybacks and long-term staking infrastructure.
🔹 $60M from Ethena Foundation
🔹 Backed by major VCs: Dragonfly, Ribbit Capital, Pantera, Haun Ventures, Galaxy Digital and others
🔹 Shares will trade on Nasdaq under ticker: USDE
🔹 #StablecoinX will focus on ENA accumulation, staking, and validator operations
Ethena, which issues the synthetic dollar $USDe, is already the third-largest on-chain dollar issuer after Tether and Circle. This move aims to bolster the protocol’s treasury, longevity, and decentralization, positioning ENA as a long-term digital asset backed by deep capital reserves.
#Altcoin
The Ethena Foundation is launching StablecoinX Inc., a new crypto treasury and infrastructure firm, through a SPAC merger with TLGY Acquisition. The deal includes a $360 million PIPE to fund massive #ENA token buybacks and long-term staking infrastructure.
🔹 $60M from Ethena Foundation
🔹 Backed by major VCs: Dragonfly, Ribbit Capital, Pantera, Haun Ventures, Galaxy Digital and others
🔹 Shares will trade on Nasdaq under ticker: USDE
🔹 #StablecoinX will focus on ENA accumulation, staking, and validator operations
Ethena, which issues the synthetic dollar $USDe, is already the third-largest on-chain dollar issuer after Tether and Circle. This move aims to bolster the protocol’s treasury, longevity, and decentralization, positioning ENA as a long-term digital asset backed by deep capital reserves.
#Altcoin
StablecoinX Inc. to acquire $260M in $ENA from open market purchases
#StablecoinX Inc. has announced a $360M capital raise to acquire $ENA and plans to pursue a listing of its Class A common shares. To kickstart its acquisition strategy, StablecoinX Inc. will allocate the full $260M in cash proceeds from the raise to purchase locked ENA from a subsidiary of the #EthenaFoundation.
The planned deployment involves spending around $5M per day starting today, spread over the next six weeks. At current prices, the $260M purchase accounts for approximately 8% of the circulating supply.
👉 x.com/ethena_labs/status/1947286869341016116
#StablecoinX Inc. has announced a $360M capital raise to acquire $ENA and plans to pursue a listing of its Class A common shares. To kickstart its acquisition strategy, StablecoinX Inc. will allocate the full $260M in cash proceeds from the raise to purchase locked ENA from a subsidiary of the #EthenaFoundation.
The planned deployment involves spending around $5M per day starting today, spread over the next six weeks. At current prices, the $260M purchase accounts for approximately 8% of the circulating supply.
👉 x.com/ethena_labs/status/1947286869341016116
🚨 MASSIVE NEWS: #StablecoinX is set to raise $360M just to buy $ENA as part of its treasury strategy! 💰
And that’s not all—they're going public via a SPAC merger under the ticker “USDE” 🇺🇸💵
They see the potential. They’re playing big.
So ask yourself — why aren't you holding #ENA yet?
Smart money is already moving in...
👉 Don’t be the last one to FOMO. Load up before the next leg up! 🚀
$0.5 To $5 won’t take so long 🫵
And that’s not all—they're going public via a SPAC merger under the ticker “USDE” 🇺🇸💵
They see the potential. They’re playing big.
So ask yourself — why aren't you holding #ENA yet?
Smart money is already moving in...
👉 Don’t be the last one to FOMO. Load up before the next leg up! 🚀
$0.5 To $5 won’t take so long 🫵
See original
#Ethena in giant mode: historic buyback of $ENA
🚨 Ethena, through its new treasury unit StablecoinX, launched a buyback program of $260 million of its token $ENA.
📈 They are buying $5M per day from exchanges — without selling a single token. The goal: to strengthen their ecosystem and establish themselves as a benchmark in crypto treasury.
💼 Additionally, they will merge with TLGY Acquisition Corp and go public under the ticker USDE, aiming to become the first public company focused on stablecoins.
🧠 Funds such as Pantera, Galaxy, Dragonfly, and Polychain are participating.
The message is clear: institutional interest is stronger than ever.
Could this mark a turning point in how crypto treasuries operate?
👇what do you think.
#ENA $ETH #StablecoinX #CryptoNews
🚨 Ethena, through its new treasury unit StablecoinX, launched a buyback program of $260 million of its token $ENA.
📈 They are buying $5M per day from exchanges — without selling a single token. The goal: to strengthen their ecosystem and establish themselves as a benchmark in crypto treasury.
💼 Additionally, they will merge with TLGY Acquisition Corp and go public under the ticker USDE, aiming to become the first public company focused on stablecoins.
🧠 Funds such as Pantera, Galaxy, Dragonfly, and Polychain are participating.
The message is clear: institutional interest is stronger than ever.
Could this mark a turning point in how crypto treasuries operate?
👇what do you think.
#ENA $ETH #StablecoinX #CryptoNews
See original
Just saw this news, ena made a big move, in one sentence: StablecoinX, controlled by ena, went public through a shell listing, raising $360 million, of which $260 million is in cash and $100 million is in ENA discounted tokens, which is good for the price of ENA.
Why is it good? See below:
"Class A shares of StablecoinX will be issued at $10 per share. Each PIPE investor will receive a share of Class A stock based on the market value of ENA they invested."
✅ A simple translation into one sentence:
Investors exchange ENA for stock, with the stock price set at $10, but how much stock you can exchange depends on the market price of ENA at the time of investment.
Scenario 1: If ENA's price at that time is $1
1,000,000 ENA × $1 = $1,000,000;
$1,000,000 ÷ $10 = 100,000 shares;
👉 You will receive 100,000 shares.
Scenario 2: If ENA's price at that time is $2
1,000,000 ENA × $2 = $2,000,000;
$2,000,000 ÷ $10 = 200,000 shares;
👉 You will receive 200,000 shares!
Scenario 3: If ENA drops to $0.5
1,000,000 ENA × $0.5 = $500,000;
$500,000 ÷ $10 = 50,000 shares;
👉 You will only receive 50,000 shares.
✅ What does this indicate?
The more expensive ENA is, the more shares you can exchange;
So, if you are an investor, you definitely don't want ENA to drop in price;
You even hope that ENA rises, so that with the same amount of tokens, you can exchange for more shares!
$ENA #稳定币 #StablecoinX
Why is it good? See below:
"Class A shares of StablecoinX will be issued at $10 per share. Each PIPE investor will receive a share of Class A stock based on the market value of ENA they invested."
✅ A simple translation into one sentence:
Investors exchange ENA for stock, with the stock price set at $10, but how much stock you can exchange depends on the market price of ENA at the time of investment.
Scenario 1: If ENA's price at that time is $1
1,000,000 ENA × $1 = $1,000,000;
$1,000,000 ÷ $10 = 100,000 shares;
👉 You will receive 100,000 shares.
Scenario 2: If ENA's price at that time is $2
1,000,000 ENA × $2 = $2,000,000;
$2,000,000 ÷ $10 = 200,000 shares;
👉 You will receive 200,000 shares!
Scenario 3: If ENA drops to $0.5
1,000,000 ENA × $0.5 = $500,000;
$500,000 ÷ $10 = 50,000 shares;
👉 You will only receive 50,000 shares.
✅ What does this indicate?
The more expensive ENA is, the more shares you can exchange;
So, if you are an investor, you definitely don't want ENA to drop in price;
You even hope that ENA rises, so that with the same amount of tokens, you can exchange for more shares!
$ENA #稳定币 #StablecoinX
Foresight_News
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Is this company the true stablecoin unicorn?
$260 million in cash will be used to buy ENA on the open market through a subsidiary of the Ethena Foundation.
Written by: Alex Liu, Foresight News
On the evening of July 21, Ethena's native token ENA briefly surged by 20% to reach 0.59 USDT due to the news that 'the treasury company plans to buy $260 million worth of ENA tokens,' setting a new high for the past six months and sparking market discussions. This article will detail the event and ENA's recent performance, analyze its potential impact on the Ethena project and the market, and evaluate the project's current status.
StablecoinX completes financing and seeks NASDAQ listing.
On the evening of July 21, Ethena announced that its subsidiary StablecoinX has reached a merger agreement with TLGY Acquisition Corp, planning to go public by merging and seeking to raise about $360 million in funding. Among them, the Ethena Foundation subscribed for $60 million, and other institutional investors include Dragonfly, Pantera Capital, Galaxy Digital, Wintermute, Polychain, Haun Ventures, etc.
Written by: Alex Liu, Foresight News
On the evening of July 21, Ethena's native token ENA briefly surged by 20% to reach 0.59 USDT due to the news that 'the treasury company plans to buy $260 million worth of ENA tokens,' setting a new high for the past six months and sparking market discussions. This article will detail the event and ENA's recent performance, analyze its potential impact on the Ethena project and the market, and evaluate the project's current status.
StablecoinX completes financing and seeks NASDAQ listing.
On the evening of July 21, Ethena announced that its subsidiary StablecoinX has reached a merger agreement with TLGY Acquisition Corp, planning to go public by merging and seeking to raise about $360 million in funding. Among them, the Ethena Foundation subscribed for $60 million, and other institutional investors include Dragonfly, Pantera Capital, Galaxy Digital, Wintermute, Polychain, Haun Ventures, etc.
Feed-Creator-9c6fc6353:
scandal scenarios🤣🤣🤣🤣 soon $ENA= 0.04113
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