StablecoinX Inc.（TLGY Acquisition Corp）
Company Information
TLGY Acquisition Corp is a special purpose acquisition company (SPAC) initiated by Carnegie Park Capital LLC. TLGY will launch the first digital asset management company focused on stablecoins through a business combination with StablecoinX Assets Inc. StablecoinX has raised over $890 million through private equity financing (PIPE), which will be used to acquire Ethena's governance token ENA. Ethena is the third largest digital dollar issuer after Tether and Circle, with approximately $12 billion of its USDe in circulation as of August 2025. The chairman of TLGY is former TPG Capital partner Jin-Goon Kim, and the CEO is Young Cho, who previously served as the Chief Financial Officer of Hedera Hashgraph and Chief Information Officer of Abra.
Financial Data
$18.78 M
$18.78 M
$1.04
$0.53
Stock Chart
Related Announcements
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Business Model
TLGY Acquisition Corp is a special purpose acquisition company (SPAC) initiated by Carnegie Park Capital LLC. TLGY will launch the first digital asset management company focused on stablecoins through a business combination with StablecoinX Assets Inc. StablecoinX has raised over $890 million through private equity financing (PIPE), which will be used to acquire Ethena's governance token ENA. Ethena is the third largest digital dollar issuer after Tether and Circle, with approximately $12 billion of its USDe in circulation as of August 2025. The chairman of TLGY is former TPG Capital partner Jin-Goon Kim, and the CEO is Young Cho, who previously served as the Chief Financial Officer of Hedera Hashgraph and Chief Information Officer of Abra.
Profit Model
TLGY Acquisition Corp is a special purpose acquisition company (SPAC) initiated by Carnegie Park Capital LLC. TLGY will launch the first digital asset management company focused on stablecoins through a business combination with StablecoinX Assets Inc. StablecoinX has raised over $890 million through private equity financing (PIPE), which will be used to acquire Ethena's governance token ENA. Ethena is the third largest digital dollar issuer after Tether and Circle, with approximately $12 billion of its USDe in circulation as of August 2025. The chairman of TLGY is former TPG Capital partner Jin-Goon Kim, and the CEO is Young Cho, who previously served as the Chief Financial Officer of Hedera Hashgraph and Chief Information Officer of Abra.
Profit Model Function and Significance
TLGY Acquisition Corp is a special purpose acquisition company (SPAC) initiated by Carnegie Park Capital LLC. TLGY will launch the first digital asset management company focused on stablecoins through a business combination with StablecoinX Assets Inc. StablecoinX has raised over $890 million through private equity financing (PIPE), which will be used to acquire Ethena's governance token ENA. Ethena is the third largest digital dollar issuer after Tether and Circle, with approximately $12 billion of its USDe in circulation as of August 2025. The chairman of TLGY is former TPG Capital partner Jin-Goon Kim, and the CEO is Young Cho, who previously served as the Chief Financial Officer of Hedera Hashgraph and Chief Information Officer of Abra.
Impact on Coins
TLGY Acquisition Corp is a special purpose acquisition company (SPAC) initiated by Carnegie Park Capital LLC. TLGY will launch the first digital asset management company focused on stablecoins through a business combination with StablecoinX Assets Inc. StablecoinX has raised over $890 million through private equity financing (PIPE), which will be used to acquire Ethena's governance token ENA. Ethena is the third largest digital dollar issuer after Tether and Circle, with approximately $12 billion of its USDe in circulation as of August 2025. The chairman of TLGY is former TPG Capital partner Jin-Goon Kim, and the CEO is Young Cho, who previously served as the Chief Financial Officer of Hedera Hashgraph and Chief Information Officer of Abra.