Ethena Labs Announces $360 Million PIPE Deal for StablecoinX and Plans to Establish ENA Treasury Company
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Odaily Planet Daily reported that, according to official sources, Ethena Labs has announced a $360 million PIPE transaction for StablecoinX. At the same time, its foundation has launched a $260 million ENA open market buyback program to support the establishment of ENA reserves.
In addition, StablecoinX will seek to list on Nasdaq under the ticker symbol "USDE".
1
1
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Texas Capital Bancshares confirms transfer to the Texas Stock Exchange for listing
智通财经•2026/09/14 11:52
Spot platinum breaks through the $1,770/ounce mark, down 1.18% intraday.
智通财经•2026/09/14 11:45
Crypto prices
More
Bitcoin
BTC
$77,669.86
+1.19%
Ethereum
ETH
$2,506.6
+1.08%
Tether USDt
USDT
$0.9994
-0.02%
BNB
BNB
$721.89
+0.81%
XRP
XRP
$1.4
+4.10%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$101.41
+1.65%
TRON
TRX
$0.3398
-0.37%
Hyperliquid
HYPE
$80.16
+3.46%
Zcash
ZEC
$1,133.01
+3.34%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now