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Cointelegraph by Nate Kostar

BitGo named custodian for StableX Technologies' planned $100M stablecoin-focused crypto treasury

BitGo will deliver custody and trading infrastructure for StableX Technologies as the Nasdaq-listed firm builds a digital asset treasury of up to $100 million concentrated on stablecoin ecosystem tokens. Following the partnership announcement, StableX shares initially jumped as much as 9% before closing 1.6% higher, while BitGo highlighted growing institutional interest beyond Bitcoin-only treasury strategies.
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