$USDEW

StablecoinX (USDE) stock surged 34.3% to $5.37, nearly quintupling in a month. The company, listed on Nasdaq, has no significant revenue ($62,372 last quarter) but holds 20% of Ethena's ENA tokens. The rally is driven by hopes for stablecoin regulation, though the broader market remains uncertain. StablecoinX offers infrastructure services for Ethena's ecosystem, including a middleware platform called Harness.

StablecoinX (USDE) stock surged 82.0% to $7.28 during Friday's trading, following a 20.2% pre-market gain. The company reported a market cap of $96.1 million and an ENA Treasury of approximately 3.0 billion tokens at the end of Q2 2026, according to its financial results.

Premarket trading on Friday shows significant moves in several stocks. RFAI surged 489% to $75.00, SUGP rose 46% to $4.04, and USDE climbed 18% to $4.72. Conversely, DFNS dropped 18% to $20.05, OSIS fell 15% to $186.47, and OPHC declined 11% to $8.21. These early swings may indicate momentum for the regular trading session.

StablecoinX said its cross-chain infrastructure surpassed $3 billion in cumulative verified volume, with its DVN verifying and delivering over 10,000 messages as of Aug. 12. After its June 25 business combination with TLGY Acquisition, shares began trading on Nasdaq as USDE. The firm reported $62,372 in Infrastructure Services revenue in late June and held about 3 billion ENA tokens worth about $218.4 million at June 30.

StablecoinX, a Nasdaq-listed SPAC, raised $530M via a PIPE backed by Brevan Howard Digital, IMC Trading, Susquehanna Crypto and YZi Labs, adding to prior $360M commitments. It plans to buy discounted locked ENA tokens tied to Ethena and has about 3B ENA tokens. For quarter ended June 30, ENA holding valued at $218.4M ($9.09 per Class A share).

StablecoinX, which trades on Nasdaq as USDE, said it holds about 3 billion ENA tokens, worth over $250 million at current prices, and that it is a 20% holder of ENA supply. The company reported a $34.2 million Q2 net loss, mainly from $36.2 million digital asset impairments. Shares rose about 12% after the disclosure.

StablecoinX, a Nasdaq-listed treasury vehicle tied to Ethena, says it holds about 3.029 billion ENA tokens, around 20% of ENA’s 15 billion supply. The company reports total assets of about $232.6 million, versus roughly $275 million at SPAC close. StablecoinX formed via a SPAC merger around June 25, 2026, funded by a $360 million PIPE and a $60 million ENA contribution from the Ethena Foundation.

StablecoinX Inc. (Nasdaq: USDE) reported results for the quarter ended June 30, 2026. It completed a business combination with TLGY Acquisition Corporation on June 25 and began trading on Nasdaq on June 26. The company said its ENA treasury is about 3.0 billion tokens, and total assets were $232.6 million, including $18.9 million cash.

StableCoinX Inc. (USDE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ea030188301ex99-1.htm PRESS RELEASE, DATED AUGUST 14, 2026 Exhibit 99.1 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, NY – August 14, 2026 – StablecoinX Inc.

StablecoinX Inc. (Nasdaq: USDE) reported a Q2 2026 net loss of $34.2M, including $36.2M impairment on digital intangible assets. It said it built an ENA treasury of about 3.0B tokens valued at $218.4M as of June 30, 2026, with total assets of $232.6M and $18.9M cash. It also cited $62,372 infrastructure revenue and DVN cross-chain volume over $3.0B.