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Updated 10:55 PM KST, Tue April 28, 2026 | Mobile Web

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BitGo to custody $100 million stablecoin assets for StableX

BitGo will support StableX Technologies in building a digital asset treasury, Cointelegraph reported on Monday. StableX plans to secure $100 million worth of crypto tokens for its stablecoin business. BitGo Trust Company will custody the assets, while BitGo’s trading platform is set to execute purchases through an over-the-counter liquidity desk. StableX shares rose as much as 9 percent after the cooperation announcement.

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