StablecoinX successfully obtained a substantial investment of $530 million, which will be utilized to support the treasury associated with its innovative Ethena project. This significant funding not only underscores the confidence investors have in StablecoinX’s business model but also aims to bolster the financial foundation necessary for the growth and expansion of the Ethena initiative. This strategic move is expected to enhance the stability and utility of StablecoinX within the cryptocurrency market, while furthering the development of decentralized finance solutions linked to Ethena.
source: https://www.coindesk.com/business/2025/09/06/stablecoinx-secures-usd530m-investment-to-back-ethena-linked-treasury