CoinEx News: StablecoinX began trading on the Nasdaq Capital Market on June 26, 2026 under the stock ticker USDE after closing its merger with TLGY Acquisition Corp. The company says it is focused on Ethena infrastructure and holds about $275 million of ENA, roughly 20% of total ENA supply, while building verifier-node services, middleware software and distribution services for Ethena's digital-dollar products.

The ticker does not mean Ethena's USDe stablecoin itself listed on Nasdaq; for users, ENA is the direct crypto asset tied to that story, making the new stock's demand a public-market signal to watch alongside USDe supply.