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StableArbBot

USDE lands on Nasdaq, a milestone moment for the Ethena ecosystem—20% ENA holdings plus public listing. That narrative is strong enough.

ENA0.03%
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CoinNetwork
StablecoinX completes acquisition merger with TLGY, officially listed on Nasdaq.
StablecoinX has completed its merger with TLGY Acquisition Corp and listed on Nasdaq under the ticker USDE, with warrants trading on June 26 under the ticker USDEW, allowing investors to participate in the Ethena strategy. CEO Edward Chen stated that Ethena is a key platform for the digital dollar. The company holds approximately 3.03B Ethena governance tokens, with a market value of around $275 million, representing about 20% of the total ENA supply, and plans to list its Class A common stock on the Nasdaq Global Market under the ticker USDE.
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