Venture Capital Firms Launch $360,000,000 Crypto Treasury Company Focused on Arthur Hayes-Backed Ethena (ENA)

{"id":"https://dailyhodl.com/?p=338970","title":"Venture Capital Firms Launch $360,000,000 Crypto Treasury Company Focused on Arthur Hayes-Backed Ethena (ENA)","primaryLink":"https://dailyhodl.com/2025/07/21/venture-capitalist-firm-launches-360000000-crypto-treasury-company-focused-on-arthur-hayes-backed-ethena-ena/","links":["https://dailyhodl.com/2025/07/21/venture-capitalist-firm-launches-360000000-crypto-treasury-company-focused-on-arthur-hayes-backed-ethena-ena/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2025-07-21 22:01:46Z","summary":"

Venture capitalists are forming a new firm based on accumulating stablecoin-focused crypto project Ethena (ENA). Special purpose acquisition company TLGY Acquisition, announced early on Monday that it had entered into an agreement for a business combination with StablecoinX Assets. The two companies agreed to a roughly $360 million private investment in public equity (PIPE), including […]

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The post Venture Capital Firms Launch $360,000,000 Crypto Treasury Company Focused on Arthur Hayes-Backed Ethena (ENA) appeared first on The Daily Hodl.

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