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Coinpedia 2025-09-06 14:18:43

StablecoinX and TLGY Raise Another $530 Million in PIPE Financing for Ethena Treasury 

StablecoinX and TLGY Raise Another $530 Million in PIPE Financing for Ethena Treasury 

The post StablecoinX and TLGY Raise Another $530 Million in PIPE Financing for Ethena Treasury  appeared first on Coinpedia Fintech News The deal between StablecoinX and TLGY for a business merger agreement and private investment in public equity (PIPE) financing has raised a total of $890 million. The deal started in July 2025 with $360 million in PIPE financing, and it recently added another $530 million.  Why TLGY is Merging With StablecoinX? TLGY, a special purpose …

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