stablex Teams Up with BitGo for $100 Million Crypto Treasury
StableX Technologies has teamed up with bitgo too secure its $100 million crypto treasury. This move aims to tap into the growing decentralized finance (DeFi) space, focusing on stablecoin-related assets.
The partnership marks StableX’s shift from vehicle manufacturing to digital asset investment. Following its Nasdaq rebrand in August 2025, the company is now fully committed to the crypto economy.
BitGo will provide regulated custody and liquidity access. This ensures StableX’s investments are safe and compliant. The BitGo Trust Company will handle cold storage for the assets. Simultaneously occurring, BitGo’s trading platforms will offer deep liquidity for stablex’s planned purchases.
StableX’s executive chairman, Joshua Silverman, highlighted the importance of using a regulated custodian. “This partnership enhances our risk management and positions us for growth in the crypto economy,” he said.
StableX’s strategy includes investing in foundational DeFi infrastructure. For instance, it recently acquired FLUID tokens. FLUID is a decentralized exchange for stablecoin swaps. It has seen rapid growth, capturing 31% of all stablecoin swap volume.
This move by StableX shows its commitment to building a lasting, long-term value for its shareholders in the crypto space.
