March 11 News: Nasdaq-listed company StableX announced a partnership with digital asset service provider BitGo. BitGo Bank & Trust, N.A. will be responsible for custody and operation of its crypto asset vaults, and will provide trading execution support through over-the-counter (OTC) platforms. This partnership will lay the infrastructure foundation for StableX’s plans to invest up to $100 million in stablecoin-related projects.
StableX is a publicly traded company focused on stablecoin infrastructure and blockchain financial technology. According to the company, its new fund management plan will primarily invest in digital assets related to the stablecoin ecosystem, not limited to traditional Bitcoin reserves. The company aims to build a digital asset portfolio targeting payments, settlement, and on-chain financial markets through this strategy.
Prior to this, StableX had already begun asset deployment. In October 2025, the company disclosed purchases of FLUID and LINK tokens from the Chainlink ecosystem, seen as early steps into stablecoins and on-chain financial infrastructure. The announced $100 million investment target indicates the company’s intention to further expand its participation in the stablecoin market structure.
BitGo Chief Revenue Officer Chen Fang stated that this collaboration reflects rising institutional interest in the stablecoin ecosystem. Compared to traditional crypto vault strategies centered on Bitcoin, more institutions are now focusing on opportunities in stablecoin issuance, payment networks, and on-chain liquidity infrastructure.
Following the announcement, StableX’s stock price rose about 9% intraday and closed with a gain of approximately 1.6%. Market analysts believe that institutional allocation of funds into stablecoin-related assets indicates a trend toward more specialized and professional digital asset strategies.
Founded in 2013, BitGo primarily provides institutional clients with digital asset custody, trading, and security infrastructure services. The company completed its initial public offering (IPO) on the New York Stock Exchange in January 2026, with an offering price of $18 per share. On its first trading day, the stock surged about 25%, followed by a correction.
As the stablecoin market continues to grow, related infrastructure is attracting increasing institutional attention. According to DefiLlama, the current global stablecoin market cap exceeds $314 billion. Meanwhile, many financial and tech companies are advancing stablecoin-related products, such as Circle’s USDC and PayPal’s PYUSD stablecoin for payments.
Industry experts believe that as stablecoins see increased use in cross-border payments, on-chain settlement, and digital financial applications, investment activity around stablecoin infrastructure is expected to heat up. Institutional custody and trading services will also become key supports for this market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana and Ripple's 'XRP' Posts Highlight $100M Wrapped XRP Integration
Solana's recent post about "XRP" led to Ripple's reply, influencing XRP's price. This comes amid the launch of wrapped XRP on Solana through Hex Trust and LayerZero, attracting significant liquidity, highlighting an evolving collaboration in the crypto space.
GateNews3h ago
Gate Daily Report (April 16): Tether may have purchased 951 BTC; Virginia enacts crypto property law
Bitcoin continues to rise, reaching $74,630. Tether uses its profits to buy 951 bitcoins. Virginia passes an unclaimed property law, requiring idle cryptocurrency to be transferred to the state government. U.S. stocks are driven by tech stocks, and the S&P 500 index hits a new high. Crypto market dynamics show that investors are paying attention to geopolitical conditions and U.S. monetary policy.
MarketWhisper13h ago
Polygon Launches sPOL to Unlock $3.6B in Staked POL and Boost Staker Rewards
Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.
GateNews04-15 07:12
XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8
Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.
MarketWhisper04-15 02:58
Gate Daily Report (April 15): X launched Cashtags to provide encrypted financial data functionality; Bitcoin halving has completed 50%
Bitcoin (BTC) continues to rise, reaching $74,670 on April 15. On the X platform, Cashtags were launched in the United States and Canada, integrating real-time financial data and trading. With the Bitcoin halving underway, there are only 105,000 blocks left until the next reward halving. Market sentiment is optimistic, and the US stock market also recorded gains. Among various crypto-news updates, the ARIA token price has crashed, and events such as Virginia’s new law incorporating digital assets have been reported.
MarketWhisper04-15 01:48
