TLGY

Tlgy Acquisition Corporation

A blank-check company, or SPAC, that raised money through an initial public offering in 2021 to find a private business to take public. It first agreed to merge with bioplastics maker Verde Bioresins, but that deal fell apart in 2024; it then combined with StablecoinX Assets Inc. in 2026, becoming StablecoinX Inc., a stablecoin-infrastructure firm trading on Nasdaq under the ticker USDE. One quirk SPAC watchers enjoy: the meaning behind the letters "TLGY" was never publicly explained.