AYRO, Inc. has officially announced its strategic entry into the cryptocurrency sector, setting an ambitious goal to acquire $100 million in crypto assets, specifically targeting the stablecoin industry.

AYRO's strategy will focus on acquiring tokens that support stablecoin issuance and infrastructure, aiming for both long-term capital appreciation and consistent yield generation.

With projections indicating that the market could expand from $250 billion to $3.7 trillion by 2030, AYRO is positioning itself to take advantage of this significant opportunity.

However, this strategic shift comes with potential risks, including execution challenges and the necessity for additional capital raising, which may dilute existing shareholders.

In line with its new direction, AYRO plans to change its name and ticker symbol, with a new corporate website currently in development to reflect its digital asset strategy.

Leading this initiative is James Altucher, a recognized crypto expert, who has been appointed as the Digital Treasury Asset Manager for AYRO.

Overall, this represents a significant pivot in AYRO's business model towards becoming a dedicated investment vehicle within the stablecoin ecosystem.

This initiative marks the launch of AYRO's first pureplay multi-token investment strategy, aimed at capitalizing on the rapid growth of the stablecoin market.

The stablecoin market has demonstrated remarkable growth, processing over $27 trillion in transactions last year, surpassing the combined totals of Mastercard and Visa.

To support its new strategy, AYRO has entered into a $7 million private placement financing agreement, which includes the sale of Series I convertible preferred stock and warrants.

The private placement is expected to close around August 7, 2025, and the securities will be sold in transactions exempt from registration under the Securities Act of 1933.

As part of this initiative, AYRO will keep investors informed about its treasury and crypto holdings through regular disclosures.