StablecoinX Inc. (USDE)
Company
StablecoinX Inc. (USDE)
SPAC: TLGY ACQUISITION CORP (TLGY)
Jun 26, 2026
Crypto / Blockchain
Merger / DESPAC- SPAC/IPOIPODec 2021Unit Split · Jan 2022SPAC/IPOIPODec 2021Unit Split · Jan 2022
- LOILOIApr 2025LOILOIApr 2025
- AgreementDealJul 2025AgreementDealJul 2025
- Merger voteVoteMar 2026Merger voteVoteMar 2026
- MergerMergerJun 2026MergerMergerJun 2026
Merger · Jun 2026
SPAC/IPO details
A unit bundles the listed securities. Its components may become separately tradable after a period specified in the prospectus, even before a business combination. Units still outstanding at the business combination are generally separated into their components. Check the relevant SEC filings for the timing and procedure.
Only whole warrants can be exercised; fractional warrants per unit require multiple units to make a whole warrant. Warrants commonly allow holders to buy shares after a business combination at a set exercise price, often USD 11.50. They often last up to five years but may be redeemed earlier. Exercise date, price and term can differ; consult the relevant SEC filings.
Canceled merger agreements
| Company | SPAC partner | Canceled on |
|---|---|---|
| Verde Bioresins | TLGY ACQUISITION CORP | 18. March 2024 |
tablecoinX is a publicly traded company offering investors regulated, transparent exposure to the stablecoin economy through its strategic focus on Ethena, one of the world’s largest issuers of digital dollars. As stablecoins increasingly serve as foundational infrastructure for global payments, decentralized finance, and digital capital markets, StablecoinX is positioned at the center of this structural shift. The Company’s operating business develops and delivers infrastructure software and services purpose-built to advance and scale the Ethena ecosystem. By combining the accessibility of a public market vehicle with deep operational integration into the stablecoin sector, StablecoinX gives traditional investors a direct, regulated path into one of the fastest-growing segments of global finance.
The Company is a blank check company sponsored by TLGY Sponsors LLC, whose business purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search for an initial business combination on a promising global company—or a company with Asia linkages with the potential to become a global company—with a focus on biopharma or consumer businesses driven by enabling technology.
Chart/Sentiment
Financials
StablecoinX Inc. (USDE)
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
TLGY ACQUISITION CORP (TLGY)
Historical SPAC data
| Period end | Trust Assets |
|---|---|
2025-12-3110-Q | 6.3 m USD |
2024-12-3110-K | 44.3 m USD |
2023-12-3110-K | 66.0 m USD |
2022-12-3110-K/A | 237.5 m USD |
2021-12-3110-K | 234.6 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
- Trust assetsFunds held in trust for redemptions or the merger.
- 6.3 m USD2025-12-31
- Change in trust assetsPercentage change from the previous reported trust value.
- -85.7 %since 2024-12-31 · 2025-12-31
- Trust change since first reportPercentage change from the first reported trust value.
- -97.3 %First trust value 2021-12-31 · 234.6 m USD · 2025-12-31
Source: SEC Company Facts. Please verify calculated values against official filings.











