Fabric.AI, Inc.

StableX Technologies, Inc. historically designed and manufactured compact, sustainable electric vehicles. In July 2025, the company began a strategic transition to a new business model centered on digital asset initiatives. This new focus targets the acquisition of crypto tokens that capitalize on the growth of the stablecoin industry. StableX aims to acquire and hold crypto assets within the stablecoin space and deploy them to generate yield while managing risks. The company announced a target goal of acquiring up to $100 million in crypto assets, subject to available capital, market conditions, and regulatory considerations. Its investment strategy involves acquiring digital assets (tokens) that provide essential infrastructure and enabling technologies for the stablecoin sector. This "picks and shovels" approach targets tokens associated with protocols, networks, and platforms that facilitate the issuance, transfer, custody, compliance, trading, lending, and scalability of stablecoins, rather than directly investing in stablecoins. On August 21, 2025, the company changed its name from "AYRO, Inc." to "StableX Technologies, Inc.," effective August 22, 2025. Effective before market open on August 25, 2025, the company's common stock began trading on Nasdaq under the ticker symbol "SBLX," ceasing trade under "AYRO."