TLGY & StablecoinX Secure $530M Additional PIPE for Ethena


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TLGY Acquisition Corp. and StablecoinX Assets Inc. Announce Additional $530 Million PIPE Financing and Strategic Advisory Board Formation
New York - September 5, 2025 - TLGY Acquisition Corp. (OTC: TLGYF), a special purpose acquisition company, and StablecoinX Assets Inc., a validator and infrastructure business supporting the Ethena ecosystem, have announced an additional $530 million in private investment in public equity (PIPE) financing. This new funding is in connection with their previously announced definitive agreement for a business combination, which will result in the combined entity being named StablecoinX Inc. Upon closing, StablecoinX Inc. is expected to list on Nasdaq under the ticker symbol "USDE".
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