SDEV news

Stablecoin Develop Corp reported $50.4M net income for Q3 2026 driven by SKY token appreciation, increasing asset holdings to 2.32B tokens while executing an ATM program for further liquidity.

Stablecoin Development Corp raised approximately $134M in January 2026 via a private placement of pre-funded warrants and digital assets, committing the proceeds to a strategy focused on acquiring STABLECOIN/ASKY.

Stablecoin Development Corp (SDEV) reported financial results for Q2 2026, highlighting $2.2 million in staking revenue and a growth in SKY holdings to 10% of total supply. The company also removed all remaining warrant liabilities from its balance sheet.

Stablecoin Development Corporation reported Q1 2026 GAAP net income of $552.4 million, primarily from non-cash warrant-related gains of approximately $535 million, while operating income reached $22.3 million. The company holds 2.26 billion SKY tokens representing 9% of total supply and generated $2…