Stablecoin Development Corp
Close on Oct 19, 2026
- Market cap
- $26.03M
- P/E (TTM)
- –
- Dividend yield
- 477.10%
About Stablecoin Development
Finance Services, SIC 6199
The company focuses on participation in blockchain networks and the deployment of operating digital assets, following a strategic business realignment. Its ongoing digital asset operations involve tokens such as SKY, USDS, and USDT under the oversight of an established Digital Asset Strategy Advisory Committee alongside executive management. Historically, the business engaged in commercializing healthcare and wellness products, including eye care products under the Avenova brand, wound care treatments such as Neutrophase, and skincare lines through Dermadoctor and PhaseOne Health. These legacy medical and consumer health assets were subsequently divested or classified as discontinued operations, shifting the primary organizational focus toward digital technology systems, network participation, and digital asset strategies.
The company maintains its principal corporate headquarters and administrative office space in Emeryville, California. Its corporate tax and administrative footprint includes registrations across domestic jurisdictions, specifically California, New York, South Carolina, New Jersey, and Florida. Beyond its California headquarters, the text reports no retail stores, research laboratories, or international operational facilities.
Summary of the business section of Stablecoin Development's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Stablecoin Development Corp
- Headquarters
- West Palm Beach, FL
- Address
- 222 Lakeview Ave, Suite 800 33401
- Phone
- (561) 206-4345
- Employees
- 4, Dec 31, 2025
- Industry
- Finance Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- CBIZ CPAs P.C., Philadelphia, PA
Stock & identifiers
- Ticker
- SDEV
- Exchange
- NYSE
- IPO date
- Oct 26, 2007
- Shares outstanding
- 51M, Jul 27, 2026
- Public float
- $3.37M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-5 reverse, Mar 19, 2026; 1-for-5 reverse, Feb 23, 2026; 1-for-35 reverse, Jun 30, 2024; 1-for-35 reverse, May 31, 2024; 1-for-35 reverse, Nov 16, 2022; 1-for-25 reverse, Mar 4, 2016; 1-for-25 reverse, Dec 21, 2015
- SEC CIK
- 1389545
- CUSIP
- 66987P508
- ISIN
- US66987P5089
- LEI
- 549300D5U7PQPNEX8Q38
- EIN
- 68-0454536
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Fund LP R01 | Chief Executive Officer, Director | 11,361,216 |
| Michael John Kazley | Chief Executive Officer, Director | 79,474,596 |
| Henry Blynn | Chief Operating Officer | – |
| Tommy Law | Chief Financial Officer | 0 |
| David Garcia Rios | Director | – |
| Paul E. Freiman | Director | 1,783 |
| Yenyou Zheng | Director | 1,716 |
| Swan Sit | Director | 1,716 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.27M | $1.27M | $436.80K | $9 | – |
| FY2024 | $365.18K | $366.46K | $220.20K | $1 | – |
| FY2023 | $364.15K | $358.86K | $190.84K | $10 | – |
| FY2022 | $364.95K | $111.49K | $259.29K | $8 | – |
| FY2021 | $795.52K | $490.90K | $528.70K | $54 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, on a consolidated basis, we had a total of 4 employees, 2 of whom were full-time employees and 2 who were part-time employees.”
Corporate history
Events identified from SEC filings