USBC, Inc. (USBC) company profile
Close on Nov 12, 2026Market cap $142.10MP/E –Yield –
About USBC
Finance Services, SIC 6199
USBC, Inc. is a financial technology firm focusing on digital banking solutions, blockchain infrastructure, and digital asset services, alongside legacy research in non-invasive health monitoring. Its core product in development is a tokenized deposit platform, known as U.S. Bank Coin, which provides a blockchain-based representation of dollar-denominated bank deposits integrated with verifiable digital identities. The company also executes a corporate treasury program focused on holding Bitcoin and producing yield via option derivative strategies.
USBC targets individual retail banking customers, fintech distribution partners integrating tokenized services through application programming interfaces, and institutional counterparties requiring automated payment rails or cross-border settlement. The enterprise conducts operational testing via an internal employee pilot program in collaboration with an issuing bank and an integration partner. Its digital asset reserves are held in institutional cold-storage facilities situated domestically within the United States as well as internationally. The provided text contains no statement disclosing the company's headquarters location.
Summary of the business section of USBC's latest annual report, written by StockData.
Company profile
Company
- Legal name
- USBC, Inc.
- Headquarters
- Reno, NV
- Address
- 300 E 2nd Street, 15th Floor 89501
- Phone
- (775) 239-7673
- Website
- usbc.xyz
- Employees
- 31, Dec 31, 2025
- Industry
- Finance Services
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- BPM LLP, Santa Rosa, California
Stock & identifiers
- Ticker
- USBC
- Former tickers
- KNW until Aug 15, 2025; KNWN until Feb 28, 2025
- Exchange
- NYSE
- IPO date
- Apr 18, 2006
- Shares outstanding
- 388M, Aug 5, 2026
- Public float
- $14.11M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-40 reverse, Feb 19, 2025; 1-for-150 reverse, Jun 17, 2015
- SEC CIK
- 1074828
- CUSIP
- 499238202
- ISIN
- US4992382022
- FIGI
- BBG000CB4621
- Share class FIGI
- BBG001SG4B84
- LEI
- 549300D3FV73JB135D45
- EIN
- 90-0273142
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Robert Gregory Kidd | CEO, President, Chairman, Director | 357,815,000 |
| Daniel J. Beck | Chief Financial Officer | – |
| Kirk Chapman | Chief Operating Officer | – |
| Jon Pepper | Director | 37,850 |
| Ichiro John Paul Takesako | Director | 144,260 |
| William Arthur Owens | Director | 48,692 |
| Larry K. Ellingson | Director | 25,404 |
| Linda Jenkinson | Director | – |
| Ronald P. Erickson | Director | 2,472,202 |
| John E. Cronin | Director | 50,404 |
Executive compensation, fiscal 2024
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Option awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Ronald P. Erickson Chief Executive Officer and Chairman of the Board | $453.13K | $100.00K | $894.20K | $205.00K | $1.65M | +51% |
| Peter J. Conley Chief Financial Officer and SVP Intellectual Property | $371.88K | $125.00K | $307.25K | – | $804.13K | +42% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 31 individuals, including 16 full-time employees who support critical areas including platform development, financial operations, digital asset custody, product management, regulatory compliance, and strategic partnerships.”
Corporate history
Events identified from SEC filings
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