secwatch.observer — SEC 8-K summary
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Issuer:     StableCoinX Inc. (USDE)
CIK:        0002080215
Form:       8-K
Filed at:   2026-08-14T13:12:59+00:00
Accession:  0001213900-26-089504
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StablecoinX reports Q2 2026: ENA treasury ~3B tokens, $232.6M assets, $62k revenue
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- Completed business combination with TLGY on June 25, 2026; shares began trading on Nasdaq as USDE/USDEW June 26, 2026.
- ENA treasury ~3.0B tokens (284.95M from Ethena Foundation, ~2.75B from PIPE) valued at $218.4M as of June 30, 2026.
- Total assets $232.6M: $18.9M cash, $212.9M digital intangible assets (ENA at cost less impairment).
- Revenue from Infrastructure Services $62,372 in last two weeks of June; DVN surpassed $3B cumulative cross-chain volume.
- Launched StablecoinX Harness platform July 2, 2026; signed first client July 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2080215/000121390026089504/0001213900-26-089504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2080215/000121390026089504/ea0301883-8k_stablecoin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-089504

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer