StableX (SBLX) Soars 18.39% on Stablecoin Infrastructure Pivot, FLUID Buyback Bolsters Outlook

StableX (SBLX) surged 18.39% in a single day, marking its second consecutive day of gains and a cumulative 35.41% rise over two days. The stock reached its highest intraday level since September 2025, with a 98.12% rally during the session, signaling renewed investor confidence in the rebranded firm’s strategic pivot.

StableX’s recent repositioning as a pure-play investment vehicle for stablecoin infrastructure has driven its market performance. The company has shifted focus to acquiring tokens and technologies underpinning the stablecoin ecosystem, including its first major investment in FLUID, a DeFi exchange capturing significant stablecoin trading volume. This move aligns with broader industry trends, as stablecoins gain traction in cross-border payments and decentralized finance.

FLUID’s market dominance, particularly in USDe and GHO swaps, highlights its scalability and revenue potential. The platform’s upcoming token buyback program, set to begin October 1, 2025, aims to reduce circulating supply by allocating 100% of its monthly $5.37 million in fees to repurchases. For StableX, which holds FLUID tokens, this strategy could amplify returns as the asset’s value is expected to rise with reduced supply.

Backed by prominent crypto investors like Coinbase Ventures and Pantera Capital, FLUID’s credibility bolsters StableX’s new strategy. The company’s undervalued metrics, including a low market cap to TVL ratio, further position it to benefit from future revaluation as the stablecoin sector expands. By targeting high-growth, foundational tokens, StableX aims to differentiate itself from traditional crypto firms, offering investors exposure to a more stable and predictable asset class.

Leadership under Digital Treasury Asset Manager James Altucher has emphasized FLUID’s acquisition as the “beginning of an important new chapter,” reflecting confidence in the firm’s execution. With plans to diversify its portfolio of stablecoin-related assets, StableX seeks to capitalize on the industry’s acceleration phase, leveraging structural reforms like preferred stock issuance and capital reallocation to strengthen its long-term positioning.