SDEVNYSEFinance ServicesFiscal year ends December 31
Stablecoin Development Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$0.84−0.04 (-4.81%)
Close on Oct 19, 2026
- Market cap
- $26.03M
- P/E (TTM)
- –
- Dividend yield
- 477.10%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
2.9%
1M of 51M shares
Institutional holders
21
5 new, 9 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
0 buys · 3 sales
Net sold $80.83K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| R01 Capital Manager LLC | 56,806,080 | 45.10% | 13D (active) amendment | Oct 16, 2025 |
| R01 Fund LP | 56,806,080 | 45.00% | 13D (active) amendment | Jan 16, 2026 |
| Giancarlo Devasini | 5,617,689 | 9.99% | 13G (passive) amendment | Jun 30, 2026 |
| Sky Frontier Foundation | 5,617,689 | 9.90% | 13D (active) amendment | Aug 17, 2026 |
| Kazley Michael John | 53,627,330 | 52.40% | 13D (active) amendment | Jul 18, 2026 |
| Framework Ventures Management LLC | 47,723,141 | 46.60% | 13D (active) amendment | Jul 18, 2026 |
| Michael Kazley | 37,548,058 | 50.30% | 13D (active) amendment | May 17, 2026 |
| Vance Spencer | 32,715,086 | 46.40% | 13D (active) amendment | May 17, 2026 |
| Anderson Michael Ernest | 32,690,366 | 45.90% | 13D (active) amendment | Jun 15, 2026 |
| Tether Global Investments Fund, S.I.C.A.F., S.A. | 3,009,502 | 9.99% | 13G (passive) | May 17, 2026 |
| Framework Ventures IV GP LLC | 22,152,695 | 44.50% | 13D (active) amendment | Apr 29, 2026 |
| Poplar Point Capital Partners LP | 1,020,300 | 17.52% | 13D (active) amendment | Oct 15, 2025 |
| Poplar Point Capital Management LLC | 1,020,300 | 17.52% | 13D (active) amendment | Sep 3, 2025 |
| Jad Fakhry | 1,020,300 | 17.54% | 13D (active) | Jun 3, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SDEV | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 424,695 | 0.84% | $445.93K | +1,352 | 0.00% |
| Vanguard Capital Management LLC | 326,988 | 0.65% | $343.34K | +54,831 | 0.00% |
| Geode Capital Management, LLC | 281,483 | 0.56% | $295.73K | −8,786 | 0.00% |
| Vanguard Fiduciary Trust Co | 131,840 | 0.26% | $138.43K | +1,056 | 0.00% |
| State Street Corp | 117,154 | 0.23% | $123.01K | – | 0.00% |
| Northern Trust Corp | 59,926 | 0.12% | $62.92K | +6,250 | 0.00% |
| Bank of New York Mellon Corp | 28,033 | 0.06% | $29.44K | New | 0.00% |
| Renaissance Technologies LLC | 26,142 | 0.05% | $27.45K | −56,653 | 0.00% |
| State of Wyoming | 23,509 | 0.05% | $24.68K | −789 | 0.00% |
| Jane Street Group, LLC | 22,639 | 0.04% | $23.77K | −98,465 | 0.00% |
| Two Sigma Investments, LP | 12,396 | 0.02% | $13.02K | −12,399 | 0.00% |
| Vanguard Global Advisers, LLC | 11,414 | 0.02% | $11.99K | – | 0.00% |
| Tower Research Capital LLC (TRC) | 8,571 | 0.02% | $9.00K | +6,423 | 0.00% |
| SBI Securities Co., Ltd. | 406 | 0.00% | $426 | New | 0.00% |
| UBS Group AG | 205 | 0.00% | $215 | +202 | 0.00% |
| Morgan Stanley | 3 | 0.00% | $3 | – | 0.00% |
| Caitong International Asset Management Co., Ltd | 1 | 0.00% | $1 | New | 0.00% |
| Mosley Wealth Management | 1 | 0.00% | $1 | New | 0.00% |
| Farther Finance Advisors, LLC | 1 | 0.00% | $1 | New | 0.00% |
| Royal Bank of Canada | 1 | 0.00% | $0 | – | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 21 | 1M | 2.9% | 5 / 6 | 5 / 9 | 0M | 0M |
| Q1 2026 | 25 | 2M | 3.2% | 25 / 0 | 0 / 0 | 2M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SDEV | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Extended Market Index Fund | 281,981 | 0.56% | $296.08K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 138,625 | 0.27% | $176.05K | 0.00% | May 31, 2026 |
| iShares Core S&P Total U.S. Stock Market ETF | 57,875 | 0.11% | $60.77K | 0.00% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 47,861 | 0.09% | $60.78K | 0.00% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 44,307 | 0.09% | $46.52K | 0.00% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 39,514 | 0.08% | $50.18K | 0.00% | May 31, 2026 |
| Blackstone Alternative Multi-Strategy Fund | -1,993 | -0.00% | -$2.09K | -0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Fund LP R01 | Chief Executive Officer, Director, 10% owner | 11,361,216 | 22.45% | Jun 17, 2026 |
| Michael John Kazley | Chief Executive Officer, Director, 10% owner | 79,474,596 | 157.02% | Jun 17, 2026 |
| Henry Blynn | Chief Operating Officer | – | – | Jul 24, 2026 |
| Tommy Law | Chief Financial Officer | 0 | – | Apr 8, 2026 |
| David Garcia Rios | Director | – | – | Sep 8, 2026 |
| Paul E. Freiman | Director | 1,783 | 0.00% | Apr 21, 2026 |
| Yenyou Zheng | Director | 1,716 | 0.00% | Apr 9, 2026 |
| Swan Sit | Director | 1,716 | 0.00% | Apr 2, 2026 |
| Capital Manager LLC R01 | 10% owner | 22,693,236 | 44.83% | Jun 17, 2026 |
| Michael Ernest Anderson | 10% owner | – | – | Jun 17, 2026 |
| Ventures Management LLC Framework | 10% owner | 22,693,236 | 44.83% | Jun 17, 2026 |
| Ventures IV L.P. Framework | 10% owner | 11,361,216 | 22.45% | Jun 17, 2026 |
| Vance Spencer | 10% owner | – | – | Jun 17, 2026 |
| Capital LLC R01 | 10% owner | – | – | Jun 17, 2026 |
| Ventures IV GP LLC Framework | 10% owner | 56,806,080 | 112.23% | Jun 17, 2026 |
| David E. Lazar | 10% owner | 6,388,000 | 12.62% | Jan 29, 2026 |
| Jad Fakhry | 10% owner | 868,204 | 1.72% | Apr 15, 2025 |
| Point Capital Partners Lp Poplar | 10% owner | 991,569 | 1.96% | Apr 15, 2025 |
| Point Capital Gp Llc Poplar | 10% owner | 818,277 | 1.62% | Apr 15, 2025 |
| Point Capital Management Llc Poplar | 10% owner | 620,685 | 1.23% | Apr 15, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ventures Management LLC Framework 10% owner | Jun 15, 2026 | Option exercise | +11,332,020 | – | – | 22,693,236 |
| Ventures Management LLC Framework 10% owner | Jun 15, 2026 | Sale | −24,720 | $1.09 | $26.94K | 22,668,516 |
| Michael John Kazley Chief Executive Officer, Director, 10% owner | Jun 15, 2026 | Sale | −24,720 | $1.09 | $26.94K | 22,668,516 |
| Michael John Kazley Chief Executive Officer, Director, 10% owner | Jun 15, 2026 | Option exercise | +11,332,020 | – | – | 22,693,236 |
| Capital Manager LLC R01 10% owner | Jun 15, 2026 | Option exercise | +11,332,020 | – | – | 22,693,236 |
| Capital Manager LLC R01 10% owner | Jun 15, 2026 | Sale | −24,720 | $1.09 | $26.94K | 22,668,516 |
| Michael John Kazley Chief Executive Officer, Director, 10% owner | Oct 21, 2025 | Conversion | +11,361,216 | – | – | 11,361,216 |
| Ventures IV L.P. Framework 10% owner | Oct 21, 2025 | Conversion | +11,361,216 | – | – | 11,361,216 |
| Fund LP R01 Chief Executive Officer, Director, 10% owner | Oct 21, 2025 | Conversion | +11,361,216 | – | – | 11,361,216 |
| David E. Lazar 10% owner | Oct 21, 2025 | Award | +6,388,000 | – | – | 6,388,000 |
| Michael John Kazley 10% owner | Oct 21, 2025 | Conversion | +56,806,080 | – | – | 56,806,080 |
| Michael John Kazley Chief Executive Officer, Director, 10% owner | Oct 21, 2025 | Conversion | +56,806,080 | – | – | 56,806,080 |
| Ventures IV GP LLC Framework 10% owner | Oct 21, 2025 | Conversion | +56,806,080 | – | – | 56,806,080 |
| Jad Fakhry 10% owner | Apr 8, 2025 | Buy | +300 | $0.47 | $141 | 1,020,300 |
| Jad Fakhry 10% owner | Apr 4, 2025 | Buy | +4,538 | $0.52 | $2.36K | 1,020,000 |
| Jad Fakhry 10% owner | Apr 3, 2025 | Buy | +22,976 | $0.56 | $12.87K | 1,015,462 |
| Jad Fakhry 10% owner | Apr 2, 2025 | Buy | +917 | $0.58 | $532 | 992,486 |
| Point Capital Partners Lp Poplar 10% owner | Apr 1, 2025 | Buy | +19,915 | $0.59 | $11.75K | 991,569 |
| Point Capital Partners Lp Poplar 10% owner | Mar 31, 2025 | Buy | +21,654 | $0.59 | $12.78K | 971,654 |
| Point Capital Partners Lp Poplar 10% owner | Mar 28, 2025 | Buy | +49,400 | $0.61 | $30.13K | 950,000 |
| Point Capital Partners Lp Poplar 10% owner | Mar 27, 2025 | Buy | +18,504 | $0.62 | $11.47K | 900,000 |
| Point Capital Partners Lp Poplar 10% owner | Mar 27, 2025 | Buy | +600 | $0.61 | $366 | 900,600 |
| Point Capital Partners Lp Poplar 10% owner | Mar 26, 2025 | Buy | +13,292 | $0.61 | $8.11K | 881,496 |
| Jad Fakhry 10% owner | Mar 25, 2025 | Buy | +22,635 | $0.61 | $13.81K | 868,204 |
| Jad Fakhry 10% owner | Mar 24, 2025 | Buy | +100 | $0.61 | $61 | 845,569 |
| Jad Fakhry 10% owner | Mar 21, 2025 | Buy | +6,372 | $0.61 | $3.89K | 845,469 |
| Jad Fakhry 10% owner | Mar 20, 2025 | Buy | +5,320 | $0.61 | $3.25K | 839,097 |
| Jad Fakhry 10% owner | Mar 19, 2025 | Buy | +1,500 | $0.60 | $900 | 833,777 |
| Jad Fakhry 10% owner | Mar 18, 2025 | Buy | +14,000 | $0.63 | $8.82K | 832,277 |
| Point Capital Gp Llc Poplar 10% owner | Mar 18, 2025 | Buy | +10,000 | $0.63 | $6.30K | 818,277 |
| Point Capital Gp Llc Poplar 10% owner | Mar 14, 2025 | Buy | +25,511 | $0.63 | $16.07K | 808,277 |
| Point Capital Gp Llc Poplar 10% owner | Mar 13, 2025 | Buy | +34 | $0.64 | $22 | 782,766 |
| Point Capital Gp Llc Poplar 10% owner | Mar 12, 2025 | Buy | +11,837 | $0.62 | $7.34K | 782,732 |
| Point Capital Gp Llc Poplar 10% owner | Mar 11, 2025 | Buy | +2,148 | $0.58 | $1.25K | 770,895 |
| Point Capital Gp Llc Poplar 10% owner | Mar 10, 2025 | Buy | +14,645 | $0.58 | $8.49K | 768,747 |
| Jad Fakhry 10% owner | Mar 7, 2025 | Buy | +102 | $0.55 | $56 | 754,102 |
| Jad Fakhry 10% owner | Mar 4, 2025 | Buy | +4,000 | $0.58 | $2.32K | 754,000 |
| Jad Fakhry 10% owner | Feb 28, 2025 | Buy | +13,108 | $0.60 | $7.86K | 750,000 |
| Jad Fakhry 10% owner | Feb 27, 2025 | Buy | +385 | $0.61 | $235 | 736,892 |
| Jad Fakhry 10% owner | Feb 26, 2025 | Buy | +6,302 | $0.61 | $3.84K | 736,507 |
| Jad Fakhry 10% owner | Feb 25, 2025 | Buy | +25,033 | $0.62 | $15.52K | 730,205 |
| Jad Fakhry 10% owner | Feb 24, 2025 | Buy | +450 | $0.62 | $279 | 705,172 |
| Jad Fakhry 10% owner | Feb 20, 2025 | Buy | +1,836 | $0.63 | $1.16K | 704,722 |
| Jad Fakhry 10% owner | Feb 19, 2025 | Buy | +49,664 | $0.67 | $33.27K | 702,886 |
| Jad Fakhry 10% owner | Feb 18, 2025 | Buy | +3,222 | $0.66 | $2.13K | 653,222 |
| Jad Fakhry 10% owner | Feb 4, 2025 | Buy | +26,718 | $0.64 | $17.10K | 650,000 |
| Jad Fakhry 10% owner | Feb 3, 2025 | Buy | +2,597 | $0.64 | $1.66K | 623,282 |
| Point Capital Management Llc Poplar 10% owner | Jan 31, 2025 | Buy | +70,685 | $0.65 | $45.95K | 620,685 |
| Point Capital Management Llc Poplar 10% owner | Jan 27, 2025 | Buy | +31,703 | $0.69 | $21.88K | 550,000 |
| Paul E. Freiman Director | May 11, 2023 | Option exercise | +858 | – | – | 1,716 |
| Swan Sit Director | May 11, 2023 | Option exercise | +858 | – | – | 1,716 |
| Mijia Wu Director | May 11, 2023 | Option exercise | +858 | – | – | 1,716 |
| Yongxiang Zheng Director | May 11, 2023 | Option exercise | +858 | – | – | 858 |
| Yenyou Zheng Director | May 11, 2023 | Option exercise | +858 | – | – | 1,716 |
| Julie Garlikov Director | May 11, 2023 | Option exercise | +858 | – | – | 858 |
| Audrey Kunin Chief Product Officer | Dec 6, 2022 | Sale | −1 | $1.81 | $2 | 0 |
| Jeffrey Kunin President, DERMAdoctor, LLC | Dec 6, 2022 | Sale | −1 | $1.81 | $2 | 0 |
| Audrey Kunin Chief Product Officer | Nov 21, 2022 | Sale | −5,960 | $2.10 | $12.52K | 1 |
| Jeffrey Kunin President, DERMAdoctor, LLC | Nov 21, 2022 | Sale | −5,960 | $2.10 | $12.52K | 1 |
| Audrey Kunin Chief Product Officer, Director | Nov 21, 2022 | Sale | −5,960 | $2.10 | $12.52K | 0 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.