ENA had just bought a small position before, originally planning to wait for a correction to get a better buying price. As a result, once this news broke, it shot up directly with a big bullish candle.

Now, stablecoins have already become a clear signal for large funds, and I hope everyone doesn't realize it too late.

This time, StablecoinX Inc announced that as part of its $ENA accumulation strategy, it will raise $530 million through PIPE financing to buy, buy, buy. This financing includes yzilab, which is the previous Binance lab.

The companies buying BTC and ETC are focusing on their appreciation potential as financial assets. ENA has an additional layer of meaning.

If StablecoinX Inc continues to buy, it will become the actual controller behind ENA, as many listed companies are strategically purchasing digital currencies. Therefore, it would be a natural outcome for StablecoinX Inc to go public as a result.

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