StablecoinX to unlock ENA holdings on October 5, 2026
StablecoinX and its subsidiaries have reached an agreement with Ethena OpCo and Ethena Foundation to permanently lift lock-up and vesting restrictions on their ENA holdings starting October 5, 2026. Despite the unlock, StablecoinX must obtain written consent from the Ethena Foundation before selling or transferring any of its 3.03 billion ENA tokens, which represent approximately 20% of the total supply.
Summaries are written by AI from the original article. Not investment advice.