The post StablecoinX and TLGY Raise Another $530 Million in PIPE Financing for Ethena Treasury appeared first on Coinpedia Fintech News
The deal between StablecoinX and TLGY for a business merger agreement and private investment in public equity (PIPE) financing has raised a total of $890 million. The deal started in July 2025 with $360 million in PIPE financing, and it recently added another $530 million. Why TLGY is Merging With StablecoinX? TLGY, a special purpose …