FundraiseNov 2, 2026, 02:34 UTC

StableStock raises strategic round at $75M valuation, tops 10% of peers

What's the deal? StableStock has closed a strategic financing round at a $75 million valuation, with backing from Amber, Nomad Capital, Flow Traders, and Gate. The Singapore-based platform lets users buy real US, Hong Kong, and South Korean stocks and ETFs using stablecoins.

By the numbers: The round ranks in the upper tier for its type — scoring 10.3 on a percentile basis, ahead of roughly 77% of comparable deals. StableStock previously raised a seed round from YZi Labs, MPCi, and Vertex Ventures.

Why now? Tokenized equities are drawing fresh attention. The US Securities and Exchange Commission has introduced limited, conditional relief for some tokenized-stock trading, even as eligibility and investor protections remain constraints.

What's the endgame? StableStock wants to make stablecoins a direct route to global equity markets. It covers thousands of stocks and ETFs, supports spot and leveraged spot trading, and serves tens of thousands of users across emerging markets, where local currencies depreciate and USD-denominated assets are hard to reach.

Alongside the round, StableStock launched Genesis, a points program, on November 2. Users earn points by trading or holding eligible stocks and ETFs, with daily distribution, retroactive rewards for past activity, and bonuses for early users.

What could go wrong? The tokenized-equity market is crowding fast, with Ondo, xStocks, and Robinhood all expanding. A headline valuation and a points program alone don't prove traction or a durable edge.

The signal: The round reflects investor appetite for stablecoin-based access to real-world assets — a thesis gaining regulatory footing but still unproven at scale.