🚨 $ENA Update,
StablecoinX Inc. has raised $360M to acquire it tokens and plans to list on Nasdaq under the ticker USDE. The raise includes a $60M ENA contribution from the Ethena Foundation.
Key Highlights:
$260M in cash proceeds will be used to purchase locked it from the Foundation's subsidiary.
Third-party market makers will strategically buy $ENA on public markets in the coming weeks.
This move strengthens alignment between StablecoinX shareholders and the Ethena Foundation.
Equity markets now gain direct exposure to the fast-growing digital dollar and stablecoin sector.$ENA