Thunderandlightning
$USDE Worst case, all warrants are exercised for 1 share, allowing StableCoinX to buy up to$235M more $ENA.X. Upcoming ENA unlocking event is timely...
With Ethena expanding USDe strategy to Binance linked tokenized equity basis trading, I wouldn't be surprised if those additional shares are bought by Ethena and traded on Binance to expand USDe supply. Regardless, tokenized equity basis trading announcement significantly increases the potential USDe supply and reduces associated equity float. i.e. Crypto fly wheel effect. JMO GLTA
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