Stablecoin Treasury Co. To Go Public In $360M SPAC Deal
By Aislinn Keely ( July 21, 2025, 9:52 PM EDT) -- A company aiming to give investors exposure to the Ethena protocol's stable-value token ENA intends to list on Nasdaq as StablecoinX Inc. via a special purpose acquisition deal that will take it public and provide $360 million to build a treasury of the stablecoin, making it one of at least three companies to tout the adoption of a crypto-focused treasury strategy on Monday....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.