StableX makes first token purchase in stablecoin industry strategy

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StableX Executes Purchase of First Token in Only Pureplay Strategy Investing in Multiple Tokens that Represent the Foundation of the Stablecoin Industry

September 9, 2025 9:22 AM EDT

Stablecoin focused DeFi exchange FLUID has experienced exponential growth since late 2024 launch

Company plans up to $100M of purchases in crypto tokens powering the rapidly growing stablecoin industry

NEW YORK, NY / ACCESS Newswire / September 9, 2025 / StableX Technologies, Inc., formally AYRO, Inc. (NASDAQ: SBLX) ("StableX" or the "Company"), today announced that it initiated a purchase of FLUID tokens, which marks the Company's first purchase since announcing its focus on investing in foundational tokens that power the rapidly growing... More