Ethena Foundation Initiates New $310 Million Buyback Program
BlockBeats News, September 6th, Ethena announced an additional $530 million "StablecoinX" PIPE transaction, with the foundation initiating a new $310 million open market buyback program.
BlockBeats previously reported that on July 21st, stablecoin issuer StablecoinX company announced the completion of a $360 million financing round to acquire ENA tokens, and plans to list Class A common stock on the Nasdaq Global Market under the ticker symbol "USDE". The Ethena Foundation will contribute $60 million worth of ENA tokens.
To kick off the buyback program, StablecoinX will use the $260 million net cash proceeds (after deducting relevant expenses) from the financing to purchase locked ENA tokens from Ethena Foundation's subsidiary.
Potrebbe interessarti anche
Chi ha guadagnato
Ultime notizie crypto
Un certo indirizzo di balena ha depositato 10 milioni di U in HyperLiquid, dando inizio a una posizione long di 20x ETH.
Coinbase to List Rayls (RLS)
Spot Silver Surges Oltre il 3% Intraday
Circle ha coniato 7,5 miliardi di USDC sulla rete Solana negli ultimi 5 minuti.
Nelle ultime 4 ore, l'intera rete ha visto liquidazioni per 320 milioni di dollari, la maggior parte delle quali provenienti da posizioni long.
Assistenza clienti:@weikecs
Cooperazione aziendale:@weikecs
Trading quantitativo e MM:[email protected]
Servizi VIP:[email protected]