m_and_a
confidence high
sentiment positive
materiality 0.75
TLGY Acquisition Corp. enters definitive SPAC merger with StableCoinX Assets, targets Nasdaq under 'USDE'
TLGY ACQUISITION CORP
- Definitive business combination agreement signed July 21, 2025 with StableCoinX Assets Inc.
- SC Assets is a validator and infrastructure business supporting the Ethena ecosystem.
- Combined company to be named StableCoinX Inc.; plans Nasdaq listing under ticker 'USDE'.
- Conference call rescheduled to July 22, 2025 at 8:30 a.m. ET to discuss transaction.
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