The Ethena Foundation announced a $360 million SPAC merger on Monday to create StablecoinX, a crypto treasury company. The foundation will merge with TLGY Acquisition Corporation (TLGYF) to form a …
SPAC
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Ethena (ENA) has breached $0.55 after 130% rally fueled by $360M SPAC deal to form StablecoinX treasury company. StablecoinX is expected to list on Nasdaq, focusing on long-term ENA buybacks. …
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Homepage > News > Business > Tether’s profits plunge, but new BTC SPAC promises big payday Tether’s profits took a significant hit in the first quarter of 2025, but the market-leading stablecoin …