StablecoinX controls 20% of the supply of ENA; stock price rises by 12%
2026-08-15 00:39:09
According to CoinMeta, after going public on NASDAQ, StablecoinX disclosed its assets of 3 billion ENA tokens and reported its first-quarter results since listing, with the stock price rising by more than 12%. As of the end of the second quarter, StablecoinX's ENA assets totaled approximately 3 billion tokens, accounting for 20% of the ENA's supply of 15 billion tokens. Based on the closing price on June 30th, the value of these assets was estimated at around $218.4 million. The company reported total assets of $232.6 million at the end of the quarter, which included $18.9 million in cash and cash equivalents.
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Source:Cryptonews
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