StableX Unleashes $100M Crypto Treasury Strategy Through BitGo Partnership

StableX just dropped a nine-figure bombshell in corporate treasury management—partnering with BitGo to deploy $100 million into digital assets.
The Institutional Play
Forget dipping toes—this is a cannonball into crypto waters. StableX's treasury move signals that corporate balance sheets are finally waking up to digital asset allocation. BitGo's institutional-grade custody provides the security blanket for serious money to flow in.
Traditional Finance's Blind Spot
While legacy banks still debate blockchain merits, forward-thinking companies are building actual crypto infrastructure. The $100 million deployment isn't just an investment—it's a statement that digital assets belong in corporate strategy. Another case of innovators building while traditional finance holds committee meetings.
The alliance creates a blueprint for other corporations watching from the sidelines. When treasury management starts looking more like a tech startup's playbook than a banker's spreadsheet—you know the game has changed.
StableX’s stablecoin strategy takes shape
StableX’s alliance with BitGo is the latest tactical MOVE in the company’s rapid transformation from a specialty vehicle manufacturer to a focused digital asset investor. The company, formerly known as AYRO Inc., officially rebranded to StableX Technologies and changed its Nasdaq ticker to ‘SBLX’ on August 25, 2025.
This corporate overhaul was announced just a week after the initial revelation of its ambitious $100 million treasury strategy in early August, signaling a decisive pivot into the crypto economy.
For StableX, the selection of BitGo was a deliberate choice centered on institutional-grade security and regulatory compliance. In a statement, the company’s executive chairman, Joshua Silverman, emphasized that the custodian’s regulated status was critical for both risk mitigation and future growth.
“By using a regulated, institutional-grade custodian, we’re not only improving our risk management but also positioning ourselves to responsibly leverage new opportunities in the crypto economy. This is a critical step in creating sustainable, long-term value for our shareholders,” StableX executive chairman Joshua Silverman said.
The BitGo partnership follows StableX’s first concrete step into executing its strategy: the acquisition of FLUID tokens, announced on September 9. FLUID, a decentralized exchange focused on stablecoin swaps, represents the “picks and shovels” approach StableX is pursuing.
The company highlighted FLUID’s rapid growth, including capturing 31% of all stablecoin swap volume and generating millions in monthly fees, as a textbook example of the foundational infrastructure it seeks to invest in.