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StableX Announces That It Has Completed Its Second Strategic Token Purchase, Acquiring Chainlink Tokens, Advancing Execution Of Up To $100M Strategy Investing In Foundational Tokens Powering The Stablecoin Ecosystem

Benzinga·10/16/2025 13:17:28
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Company advances execution of up to $100M strategy investing in foundational tokens powering the stablecoin ecosystem

NEW YORK, NY, TX / ACCESS Newswire / October 16, 2025 / StableX Technologies, Inc., (NASDAQ:SBLX) ("StableX" or the "Company"), today announced that it has completed its second strategic token purchase, acquiring Chainlink (LINK) tokens.

Chainlink is a leading decentralized oracle network, serving as the data bridge between blockchains and the real world. By securely delivering reliable, tamper-proof data such as asset prices, reserves, and macroeconomic indicators to smart contracts, Chainlink enables the functionality of decentralized finance (DeFi), tokenized assets, and stablecoins. Chainlink has powered over $25 trillion worth of DeFi transactions. This acquisition follows StableX's initial investments in FLUID and represents another key step in building a diversified portfolio of high-value assets that form the foundation of the stablecoin industry.