The Ethena Foundation is making a bold push into the public markets by creating a new stablecoin-focused treasury firm, StablecoinX Inc. According to a July 21 statement, the company will go public through a merger with TLGY Acquisition Corp. source: https://cryptoslate.com/ethena-launches-stablecoinx-as-ena-climbs-8-and-usde-supply-crosses-6b/