Key highlights: StablecoinX debuted on Nasdaq under the ticker USDE. The company holds 20% of Ethena’s total supply. StablecoinX raised $890 million in PIPE financing to support its ENA strategy. StablecoinX has officially launched its plans to enter the public market. This would give traders a new way to invest in the Ethena ecosystem. According […]
Tag: PIPE
By Ronaldo Marquez Nakamoto Holdings, a publicly traded Bitcoin‑treasury company that launched last August, is facing a deepening financial crisis after a dramatic stock collapse and a string of losses that have eroded investor confidence and raised the specter of delisting. In less than a year, the company’s market capitalization has plunged from a peak […]
By Vuk Martin If you’ve ever wanted XRP exposure without managing wallets, private keys, or exchange accounts, Evernorth is built for that exact itch. It’s positioning itself as an XRP treasury company for institutions. This means it holds a large reserve of XRP and wraps that exposure in a familiar stock format. Why do people […]