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![AphxCapital Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1615374465302503426.png) AphX Capital [@AphxCapital](/creator/twitter/AphxCapital) on x 3881 followers
Created: 2025-07-21 19:32:47 UTC

🚨 Major $ENA Update

StablecoinX Inc just secured $360M in funding to go all-in on $ENA and they’re eyeing a Nasdaq listing under the ticker $USDE

Here’s what’s going down:
💰 $60M worth of $ENA is being contributed by the Ethena Foundation
📦 The remaining $260M in cash will be used to buy locked ENA from the Foundation’s subsidiary
🛒 Starting today, third-party market makers will gradually scoop up $ENA on public markets using that $260M

This move gives traditional equity investors direct exposure to the booming stablecoin + digital dollar space.
Big alignment between StablecoinX and Ethena and that’s a strong signal...

Eyes on $ENA over the next few weeks 👁️📊

![](https://pbs.twimg.com/media/GwZ6PyEWkAAZkLc.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947379245598081483/c:line.svg)

**Related Topics**
[usde](/topic/usde)
[ena](/topic/ena)
[$260m](/topic/$260m)
[$60m](/topic/$60m)
[$usde](/topic/$usde)
[ticker](/topic/ticker)
[listing](/topic/listing)
[nasdaq](/topic/nasdaq)

[Post Link](https://x.com/AphxCapital/status/1947379245598081483)