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StablecoinX Raises $890M for Ethena-Linked Treasury
CryptocurrencyStablecoinX FundingUpdated a few seconds ago

StablecoinX Raises $890M for Ethena-Linked Treasury

StablecoinX has successfully secured a total of $890 million in funding to support its treasury linked to Ethena, with the latest investment of $530 million aimed at acquiring 3 billion ENA. This significant financial boost is set to enhance the ENA strategy reserve.

Related Articles
StablecoinX Secures $530M Investment to Back Ethena-Linked Treasury
PositiveCryptocurrency
StablecoinX has secured a $530 million investment to support its treasury linked to Ethena, aiming to acquire 3 billion ENA.
Editor’s Note: This investment is significant as it strengthens StablecoinX's position in the stablecoin market and supports the growth of Ethena, potentially enhancing the overall stability and adoption of digital currencies.
StablecoinX expands financing to $890M for Ethena's ENA treasury
PositiveCryptocurrency
StablecoinX has successfully raised an additional $530 million, bringing its total financing for Ethena's ENA treasury to $890 million. This significant funding boost is aimed at enhancing the ENA strategy reserve.
Editor’s Note: This expansion in financing is crucial as it demonstrates investor confidence in StablecoinX and Ethena's strategic initiatives. The increased treasury will likely support further developments and innovations in the stablecoin sector.

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