Wen Acquisition Corp completes $300 million IPO on NASDAQ to expand stablecoin business

Wen Acquisition Corp announced that it has completed the initial public offering (IPO) of its 30,015,000 shares, raising about $300 million, and the company's shares are now trading on the Nasdaq Global Stock Market under the ticker symbol "WENNU". Wen Acquisition Corp said its focus will be on mergers, acquisitions, share exchanges, and asset acquisitions of fintech companies, integrating blockchain networks into traditional financial systems to empower digital assets such as stablecoins.