<ul><li>TLGY is moving towards a $100M ENA token deal with Ethena to support the Ethena ecosystem and Converge network.</li><li>If finalized, TLGY will acquire a validator business integral to Ethena's infrastructure and gain the right to purchase ENA tokens at a mutually agreed discount.</li><li>TLGY plans to use a combination of cash and equity to finance the token acquisition through a PIPE agreement with Ethena.</li><li>The potential partnership will last for five years from the date a definitive agreement is signed.</li></ul>

TLGY Moves Toward $100M ENA Token Deal With Ethena

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