🚨 $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