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Diveroli Investment Group Acquires Stake in Electric Vehicle Firm AYRO

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Diveroli Investment Group (DIG) has acquired a 9.9% ownership stake in AYRO, Inc., a U.S. manufacturer of zero-emission electric vehicles. This strategic move aligns with AYRO's exploration of digital asset initiatives, emphasizing stablecoin technology. The GENIUS Act, recently enacted, provides regulatory clarity for stablecoins, enhancing their role in financial systems.

Aharon Diveroli, Chief Investment Officer at DIG, sees AYRO as a promising contender in digital financial infrastructure. He likens its potential growth to that of Circle, highlighting its cash-rich, debt-free status. While acknowledging AYRO is not yet comparable to Circle, Diveroli encourages following a regulatory-friendly innovation blueprint.

Diveroli Investment Group is committed to collaborating with AYRO and aligned partners in advancing a digitally native asset technology company.

R. H.

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