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TLGY Acquisition ( (TLGYF) ) has provided an update.
On July 21, 2025, TLGY Acquisition Corporation and StableCoinX Assets Inc. entered into a business combination agreement, resulting in TLGY and SC Assets becoming wholly owned subsidiaries of StablecoinX, which will become a publicly traded company. On October 9, 2025, TLGY and SC Assets announced the members of SC Assets’ Strategic Advisory Board, including notable figures in the digital asset industry, to support the Ethena ecosystem and enhance governance practices. This move is expected to strengthen StablecoinX’s industry positioning and broaden institutional access to its digital asset treasury platform.
More about TLGY Acquisition
TLGY Acquisition Corporation is a special purpose acquisition company focused on growth companies through long-term, private equity-style value creation. StablecoinX Assets Inc. is a newly-formed validator and infrastructure business expected to operate infrastructure and staking services for the Ethena protocol, aiming to build a reserve of ENA, the Ethena protocol’s native token.
Average Trading Volume: 6,498
Technical Sentiment Signal: Strong Buy
Current Market Cap: $83.15M
For detailed information about TLGYF stock, go to TipRanks’ Stock Analysis page.