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312 StablecoinX Secures $530M Investment to Back Ethena-Linked Treasury

CoinDesk
Francisco Rodrigues @ CoinDesk · 09/06/2025 11:26 EDT

StablecoinX Secures $530M Investment to Back Ethena-Linked Treasury

The funds will be used to acquire an expected 3 billion ENA, according to StablecoinX, a dedicated treasury vehicle for the stablecoin protocol.

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