- N/T
StablecoinX
At the moment, the Project may be in preliminary stages (Seed, Private Sale, Presale, ICO). The information provided below may be inaccurate (Beta) and being updated.
Fundraising
See More- ICO Price
- --
- Funds Raised
- $890.00 M
- Tokens Sold
- --
What is StablecoinX (token)?
StablecoinX is a Finance-category digital asset associated with a business combination involving TLGY Acquisition Corp and Ethena, structured to form a stablecoin-focused treasury vehicle. The token is not yet trading on any tracked exchange or DEX, and no on-chain contract address has been published.
How is StablecoinX funded?
StablecoinX has been funded through two PIPE rounds. The first, dated 2025-07-21, raised $360,000,000 at a $3,600,000,000 pre-valuation, with participation from Polychain Capital, Pantera Capital, Dragonfly Capital, ParaFi Capital, Galaxy, Blockchain.com Ventures, Wintermute, Ribbit Capital, Haun Ventures, and Ethena.
What was the second PIPE round?
A second PIPE closed on 2025-09-06, raising $530,000,000 at a $5,300,000,000 pre-valuation. Investors in this round included YZi Labs (prev Binance Labs), Susquehanna International Group (SIG), Brevan Howard, and IMC Financial Markets.
How much has StablecoinX raised in total?
Across both PIPE rounds, StablecoinX has raised $890,000,000 in private capital, with combined pre-valuation reaching $8,900,000,000. Both rounds were categorized under Finance and announced as part of the TLGY Acquisition Corp business combination to form the StablecoinX / Ethena vehicle.
Who are the notable investors in StablecoinX?
Tier 1 venture participants include Polychain Capital, Pantera Capital, Brevan Howard, and YZi Labs (prev Binance Labs). Tier 2 backers include Dragonfly Capital, ParaFi Capital, Galaxy, Blockchain.com Ventures, and Wintermute, alongside Ribbit Capital, Haun Ventures, Susquehanna International Group (SIG), IMC Financial Markets, and Ethena.
Where can StablecoinX be traded?
StablecoinX is not currently listed on any tracked exchange. No spot, derivative, or DEX markets are recorded, and no trading pairs exist yet — the asset remains in pre-launch status pending the completion of its business combination.
Does StablecoinX have a token supply cap?
StablecoinX has no fixed maximum supply and no published total supply at this stage. Supply figures are not yet disclosed, consistent with the token's pre-trading status ahead of the planned Ethena-linked treasury launch.