StablecoinX Announces Waiver Freeing Its Entire ENA Token Holding From 48-Month Lock-Up Effective October 5, Allowing Sales To Fund Working Capital; Ethena Foundation Retains Consent Right And Five-Day Right Of First Refusal
https://www.sec.gov/ix?doc=/Archives/edgar/data/0002080215/000121390026100751/ea0305686-8k_stablecoinx.htm
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Why It Matters
StablecoinX unlocked tokens it had promised to hold for four years. Now the company can sell them to pay for operations, though another group still has some control.
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