July 23, 2025

Crypto Treasury Fever Spreads to Ethena as $360M SPAC Deal Targets ENA Accumulation

A new company called StablecoinX aims to be the first public firm to accumulate decentralized finance (DeFi) protocol Ethena’s ENA (ENA) token after raising $360 million as the crypto treasury trend expands to altcoins.Nasdaq-listed shell company TLGY …

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