Ethena infrastructure firm StablecoinX to list on Nasdaq under ticker USDE

StablecoinX, an Ethena infrastructure firm, announced that it will begin trading on Nasdaq starting today, June 26, under the ticker USDE. The company was listed through a merger with the special purpose acquisition company (SPAC) TGLY. StablecoinX holds approximately three billion ENA, representing 20% of the total supply and valued at $275 million.