TLGY Acquisition Corporation Expands with $530 Million PIPE Financing and Establishes New Strategic Advisory Board

Reuters
2025.09.08 10:01
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TLGY Acquisition Corporation has announced a $530 million PIPE financing in collaboration with StablecoinX Assets Inc., expanding on a previous $360 million PIPE. The funds will enhance the company's treasury strategy and support a partnership with the Ethena Foundation. Key investors include YZi Labs, Brevan Howard, and Susquehanna Crypto, among others. This move is part of TLGY's strategic growth initiatives.