StableX Technologies initiates purchase of FLUID tokens

StableX Technologies (SBLX) 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.”