StableX Technologies Inc (AYRO) News & EventsAYROStableX Technologies Inc

StableX Technologies begins acquisition of FLUID tokens

StableX Technologies 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 stablecoin industry. "Our first token purchase of FLUID signifies the beginning of an important new chapter for StableX," said James Altucher, StableX's Digital Treasury Asset Manager. "In less than a year, FLUID has gone from zero to being a market leader in stablecoin trading, generating millions in monthly fees and growing its community at an extraordinary pace. Due to the sharp increase in fee volume, FLUID announced it will begin using all of its revenue to buy back tokens as of October 1, 2025, which we believe will be a major catalyst for FLUID's token price growth. While the purchase of FLUID represents StableX's first investment into a portfolio of tokens that power the fast-growing stablecoin industry, we look forward to providing updates to stakeholders as we begin to execute our planned expansion of this portfolio with additional purchases of high-value assets within the stablecoin industry. The launch of our previously announced strategy using FLUID as our first purchase underscores the benefit in acquiring tokens that are foundational to the stablecoin industry. As the industry continues its acceleration, we believe that our token purchase strategy will be a major beneficiary, delivering value to all of our stakeholders."

Ayro Reveals New Name: StableX Technologies

StableX Technologies changed its corporate name from AYRO to StableX Technologies to better reflect its strategic transformation and new primary focus on investing in foundational tokens that power the rapidly growing stablecoin industry. The Company's ticker for its common stock will also change to "SBLX," which will begin trading under the new symbol on Nasdaq beginning with the market open on August 25, 2025.

Ayro announces target goal of acquiring $100M in crypto assets

AYRO announced the launch of the first pureplay multi-token investment strategy targeting the acquisition of $100 million in crypto tokens that are directly capitalizing on the rapid growth of the stablecoin industry. Led by crypto thought leader James Altucher, who joins the Company as its Digital Treasury Asset Manager, the strategy represents the first pure play, multi-token investment vehicle designed to act as a proxy for the exponential growth of the stablecoin market. "With over $27 trillion in stablecoin transactions in the past year, surpassing both Mastercard and Visa combined, and projections by Standard Chartered suggesting tenfold growth over the next three years, we believe this is the most compelling growth opportunity today," said Josh Silverman, AYRO Executive Chairman. "By leveraging our balance sheet to acquire crypto tokens that are expected to appreciate with the stablecoin ecosystem, we are creating the first pure proxy in the overall growth of the stablecoin industry."