StablecoinX Inc. Continues to Build On the Ethena Ecosystem, Reports ENA Treasury of Approximately 3.0 Billion Tokens at End of Second Quarter 2026

NEW YORK, Aug. 14, 2026 (GLOBE NEWSWIRE) -- StablecoinX Inc. (Nasdaq: “USDE”), the first public stablecoin infrastructure company focusing on the Ethena digital dollar ecosystem, today reported financial and operational results for the fiscal quarter ended June 30, 2026.

Business Highlights * Completed the business combination with TLGY Acquisition Corporation on June 25, 2026; Class A common stock and warrants began trading on Nasdaq as “USDE” and “USDEW,” respectively, on June 26, 2026. * Built an ENA treasury of approximately 3.0 billion tokens contributed by the Ethena Foundation and PIPE investors as part of the business combination. * Total assets of $232.6 million as of June 30, 2026, including $18.9 million in cash and cash equivalents and $212.9 million in digital intangible assets, comprised of the Company’s ENA tokens carried at cost, less impairment. “Our first quarter end as a public company reflects the successful close of our business combination and our emergence as one of the first publicly traded companies providing public market investors and financial institutions with exposure to the growth opportunity in yield-bearing digital dollar products,” said Edward Chen, Chairman and Chief Executive Officer of StablecoinX. “Through our holdings of ENA, the governance token of Ethena (one of the largest digital dollar issuers), StablecoinX addresses a key stablecoin investment narrative that public market investors have historically had limited access to: the growth opportunity of digital dollars as a store-of-value asset. Historically, more than half of M2 money supply was held in interest or yield instruments, representing a significant digital dollar category beyond a simple medium of exchange that GENIUS Act-compliant stablecoins are positioned to participate in.”