StableX Technologies Inc. Expands Portfolio with First Token Purchase, Investing in FLUID to Lead Stablecoin Industry Growth

Reuters
09/09
<a href="https://laohu8.com/S/SBLX">StableX Technologies Inc</a>. Expands Portfolio with First Token Purchase, Investing in FLUID to Lead Stablecoin Industry Growth

StableX Technologies Inc., formerly known as AYRO, Inc. and traded on NASDAQ under the ticker SBLX, has announced a strategic expansion into the stablecoin industry with its first purchase of FLUID tokens. This acquisition marks the beginning of StableX's investment in foundational tokens that support the booming stablecoin market. FLUID, a leading DeFi exchange focused on stablecoin trading, has shown remarkable growth since its launch in late 2024, capturing significant market share and generating substantial monthly fees. With plans to invest up to $100 million in similar tokens, StableX aims to capitalize on the accelerating growth of the stablecoin sector, delivering value to its stakeholders. The move underscores StableX's commitment to becoming a major player in the industry, leveraging FLUID's success as a catalyst for further expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stablex Technologies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1070537) on September 09, 2025, and is solely responsible for the information contained therein.

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