{"id":486035,"date":"2025-09-08T11:30:57","date_gmt":"2025-09-08T11:30:57","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=754495&amp;preview=true&amp;preview_id=754495"},"modified":"2025-09-08T11:30:57","modified_gmt":"2025-09-08T11:30:57","slug":"tlgy-and-stablecoinx-secure-890-million-pipe-to-build-ena-treasury-for-ethena-ecosystem","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/09\/08\/tlgy-and-stablecoinx-secure-890-million-pipe-to-build-ena-treasury-for-ethena-ecosystem\/","title":{"rendered":"TLGY and StablecoinX Secure $890 Million PIPE to Build ENA Treasury for Ethena Ecosystem"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2025\/09\/dollar-pipe-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"TLGY and StablecoinX Secure $890 Million PIPE to Build ENA Treasury for Ethena Ecosystem\" style=\"float:left;margin:0 15px 15px 0\" \/>TLGY Acquisition Corp. and StablecoinX Assets Inc. announced an additional $530 million in PIPE financing, bringing total committed PIPE proceeds to $890 million in support of their proposed business combination and a multi\u2011year treasury strategy focused on accumulating ENA, the Ethena protocol\u2019s native token. The financing\u2014priced at $10 per share\u2014includes participation from YZi Labs, Brevan [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLGY Acquisition Corp. and StablecoinX Assets Inc. announced an additional $530 million in PIPE financing, bringing total committed PIPE proceeds to $890 million in support of their proposed business combination and a multi\u2011year treasury strategy focused on accumulating ENA, the Ethena protocol\u2019s native token. The financing\u2014priced at $10 per share\u2014includes participation from YZi Labs, Brevan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":486036,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-486035","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/486035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=486035"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/486035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/486036"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=486035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=486035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=486035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}