Acquiring Company
StablecoinX
Acquired Company
TLGY Acquisition
Description
StablecoinX has entered a business combination agreement to acquire TLGY Acquisition Corporation and its subsidiary, SC Assets. As part of the agreement, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX. The merger's outside date has been extended to July 21, 2026.
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M&A Insights
Based on deal dataFrequently asked
Who acquired TLGY Acquisition?
TLGY Acquisition was acquired by StablecoinX. The deal was reported on April 22, 2026. StablecoinX is a new player in the digital dollar space, aiming to enhance the Ethena digital dollar system. StablecoinX is publicly traded (USDE) and operates in Blockchain.
When did StablecoinX acquire TLGY Acquisition?
StablecoinX's acquisition of TLGY Acquisition was reported on April 22, 2026. StablecoinX has entered a business combination agreement to acquire TLGY Acquisition Corporation and its subsidiary, SC Assets. As part of the agreement, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TLGY Acquisition do?
TLGY Acquisition is a company specializing in cross-border M&A within the consumer business sector, with a current market cap of $110.6M. It is privately held, operating in Financial Services.