StablecoinX ENA lock-up ends permanently on Oct. 5
StablecoinX has secured a permanent waiver ending the 48-month lock-up on its ENA holdings from Oct. 5, 2026, while leaving separate controls on token sales in place. SummaryOct. 5 will bring StablecoinXs ENA holdings onto the same unlock schedule as other holders.The waiver removes lock-up, vesting, and scheduled-release rules covering the companys ENA.StablecoinX must provide five business days notice before using ENA for an approved funding sale.Ethena Foundation retains consent rights over sales, transfers, loans, hedges, and other uses of the tokens. StablecoinX ENA restrictions will end on Oct. 5 StablecoinX said in a Sep. 17 X post that it had filed a Form 8-K detailing a waiver signed with Ethena OpCo and the Ethena Foundation. Under the SEC filing, the parties signed the waiver letter on Sep. 14, with the changes scheduled to take effect on Oct. 5. The agreement permanently removes all lock-up, vesting, and unlocking restrictions on ENA held by, or due to be delivered to, StablecoinX and its subsidiaries. Covered tokens include ENA that the company acquired through private investment in public equity agreements linked to its business combination with TLGY Acquisition Corp. You might also like: Ethena Pay launches beta with rates up to 6% A 48-month contractual lock-up and its installment-based release









