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STBL - About the company

STBL is a seed company based in Dubai (United Arab Emirates), founded in 2024 by Avtar Sehra, Reeve Collins, Reeve Collins and Bundeep Singh Rangar. It operates as a Developer of a protocol for minting stablecoins using tokenized real-world assets. STBL has raised an undisclosed amount in funding. The company has 314 active competitors, including 71 funded and 6 that have exited. Its top competitors include companies like Circle, Terra and KAST.

Company Details

Developer of a protocol for minting stablecoins using tokenized real-world assets. The protocol allows users to mint stablecoins by depositing approved onchain real-world asset tokens as collateral. Upon minting, users receive a stablecoin and a non-fungible token representing the right to claim yield from deposited collateral. The governance token is used to vote on parameters and upgrades.
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Email ID
*****@stbl.com
Key Metrics
Founded Year
2024
Location
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
14 as on May 31, 2026
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STBL's funding and investors

STBL has raised funding over 1 round. Its latest funding round was a Seed round on Feb 12, 2026 for $*****. 1 investor participated in its latest round. STBL has 2 institutional investors.

Here is the list of recent funding rounds of STBL:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 12, 2026
5999018
Seed
8091563
2166127
4056601
6439891
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STBL's founders and board of directors

Founder? Claim Profile
The founders of STBL are Avtar Sehra, Reeve Collins, Reeve Collins and Bundeep Singh Rangar. Avtar Sehra and Bundeep Singh Rangar are the CEOs of STBL.
Here are the details of STBL's key team members:

STBL's employee count trend

STBL has 14 employees as of May 26. Here is STBL's employee count trend over the years:
Employee count trend for STBL
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STBL's Competitors and alternates

Top competitors of STBL include Circle, Terra and KAST. Here is the list of Top 10 competitors of STBL, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Circle
Circle
2013, Boston (United States), Public
Cross-border payment solution for businesses focusing on cryptocurrency
$1.5B
89/100
2nd
Logo for Terra
Terra
2018, Singapore (Singapore), Series B
Blockchain network for payments
$125M
75/100
3rd
Logo for KAST
KAST
2024, Mutsamudu (Comoros), Series A
App-based platform offering stablecoins
$90M
71/100
4th
Logo for Celo
Celo
2011, San Francisco (United States), Acquired
Blockchain-based stable coins for social payments and money transfers
$65M
71/100
5th
Logo for StableCorp
StableCorp
2019, Toronto (Canada), Series A
Decentralized stable coin used for enabling B2B payments
$8.51M
59/100
6th
Logo for MakerDAO
MakerDAO
2014, San Francisco (United States), Series A
Stable coin based on Ethereum blockchain
$63M
58/100
7th
Logo for TrustToken
TrustToken
2017, San Francisco (United States), Series A
Decentralized platform for physical asset tokenization
$32.5M
57/100
8th
Logo for Schuman Financial
Schuman Financial
2024, Paris (France), Seed
Developer of infrastructure for on-chain finance
$7.36M
57/100
9th
Logo for JPYC
JPYC
2019, Chiyoda City (Japan), Series B
Prepaid Japanese Yen Stablecoin made on public blockchain
$36.1M
57/100
10th
Logo for 1Money
1Money
2024, Bermuda, Seed
Provider of a stablecoin payments network
$20M
56/100
40th
Logo for STBL
STBL
2024, Dubai (United Arab Emirates), Seed
Developer of a protocol for minting stablecoins using tokenized real-world assets
-
40/100
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STBL's Investments and acquisitions

STBL has made no investments or acquisitions yet.

Reports related to STBL

Here is the latest report on STBL's sector:

News related to STBL

Media has covered STBL for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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FAQs about STBL

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