#ENA # Ethena (ENA) has risen over 12% in the past 24 hours, with the Token trading at $0.75, and the daily volume increasing by 122% to $1.48 billion, according to CoinMarketCap.
This pump follows the news from StablecoinX Assets Inc. — a validator and infrastructure company related to the Ethena ecosystem, which has raised an additional $530 million through private investment in public equity.
This round of financing was jointly announced with TLGY Acquisition Corp., supplementing the $360 million financing in July, bringing the total commitment to $890 million. Investors include YZi Labs, Br