TLDRStableX has partnered with BitGo to secure and manage a $100 million crypto treasury.BitGo Trust Company will provide regulated cold storage for StableX’s cryptocurrency assets.The partnership will offer StableX access to deep liquidity through BitGo’s trading platforms.StableX’s rebrand from AYRO Inc. to StableX Technologies reflects its new focus on digital asset investment.The acquisition of FLUID tokens demonstrates StableX’s strategy of investing in foundational crypto infrastructure.StableX Technologies has partnered with BitGo to secure up to $100 million in cryptocurrency. The collaboration will focus on leveraging BitGo’s infrastructure for custody and acquisition of digital assets. This strategic move marks a significant shift for StableX into the growing decentralized finance (DeFi) ecosystem.BitGo Provides Secure Custody for $100M Crypto AssetsAs part of the partnership, BitGo Trust Company will offer regulated cold storage for StableX’s cryptocurrency assets. The cold storage service will ensure the safety of the assets, which are central to StableX’s crypto treasury strategy. Additionally, BitGo’s affiliated trading platforms will provide access to deep liquidity for acquiring digital assets.StableX’s decision to work with BitGo reflects a strong focus on security and compliance. The company is prioritizing institutional-grade solutions to manage its $100 million crypto treasury. The partnership also aligns with StableX’s commitment to creating long-term value and managing risk.StableX, formerly known as AYRO Inc., has been undergoing a corporate overhaul. The company rebranded to StableX Technologies and changed its Nasdaq ticker to ‘SBLX’ in late August. This rebrand marks the company’s pivot into the digital asset space.The BitGo alliance follows StableX’s acquisition of FLUID tokens in September. FLUID is a decentralized exchange specializing in stablecoin swaps, which supports StableX’s focus on infrastructure investments. The company views FLUID’s growth, which has captured 31% of stablecoin swap volume, as a strong example of the potential for long-term returns.BitGo’s Role in StableX’s Strategic TransformationJoshua Silverman, executive chairman of StableX, highlighted the importance of regulatory compliance in the decision-making process. He emphasized, “By using a regulated, institutional-grade custodian, we’re positioning ourselves to leverage new opportunities in the crypto economy responsibly.” BitGo’s reputation for secure and regulated services aligns with StableX’s broader strategy to mitigate risks and maximize growth potential in the digital assets sector.StableX’s move toward utilizing BitGo’s services represents a decisive step into the crypto economy. This alliance sets the foundation for further investments, signaling StableX’s readiness to capitalize on the expanding DeFi ecosystem.The post BitGo Secures $100M Crypto Treasury for StableX in Strategic Move appeared first on Blockonomi.