Financing ·
StablecoinX gets permanent waiver of ENA token lock-up restrictions, enabling funding sales
USDEStableCoinX Inc.
StablecoinX Inc. and its subsidiary entered into a Waiver Letter with Ethena OpCo Ltd. and the Ethena Foundation, effective October 5, 2026, permanently waiving all lock-up restrictions on ENA tokens held by the company. This waiver aligns with release dates announced for other token holders and establishes a framework allowing StablecoinX to sell ENA tokens to fund working capital and strategic requirements through 'Funding Sales.' The process requires five business days' prior written notice, granting the Foundation a right of first refusal to acquire the tokens at the proposed price. Any disposition remains subject to the Foundation's consent under the existing Collaboration Agreement. StablecoinX Inc. operates in the cryptocurrency and digital asset management industry.