POPA ReconEthena to permanently unlock StablecoinX's ENA on October 5
Ethena to permanently unlock StablecoinX's ENA on October 5 Ethena Foundation and Ethena OpCo have agreed to permanently waive the lock-up on the ENA held by StablecoinX, its Nasdaq-listed treasury vehicle, with the release taking effect on October 5. The waiver terminates a 48-month contractual lock, plus all vesting and unlocking restrictions, on StablecoinX's ENA position, aligning it with the release date the Foundation already set for other ENA holders. Going forward, StablecoinX can sell ENA to fund working capital and strategic needs, but must give the Foundation at least five busines…
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