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.
- Website
- www.stbl.com/
- Email ID
- *****@stbl.com
Key Metrics
Founded Year
2024
Location
Dubai, United Arab Emirates
Stage
Seed
Latest Funding Round
Ranked
40th among 314 active competitors
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 |
View details of STBL's funding rounds and investors
STBL's founders and board of directors
Founder? Claim ProfileThe 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:
- Avtar Sehra: Founder and CEO of STBL.
- Reeve Collins: Co-Founder of STBL.
- Reeve Collins: Co-Founder & Chairman of STBL.
- Bundeep Singh Rangar: Co-Founder & CEO of STBL.
View details of STBL's Founder profiles and Board Members
STBL's employee count trend
STBL has 14 employees as of May 26. Here is STBL's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.5B | 89/100 | |
2nd | Blockchain network for payments | $125M | 75/100 | ||
3rd | App-based platform offering stablecoins | $90M | 71/100 | ||
4th | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 71/100 | |
5th | StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 59/100 | |
6th | MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 58/100 | |
7th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
8th | Schuman Financial 2024, Paris (France), Seed | Developer of infrastructure for on-chain finance | $7.36M | 57/100 | |
9th | Prepaid Japanese Yen Stablecoin made on public blockchain | $36.1M | 57/100 | ||
10th | Provider of a stablecoin payments network | $20M | 56/100 | ||
40th | 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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OKX Ventures backs STBL in partnership with Hamilton Lane and SecuritizeCoinDesk•Feb 12, 2026•STBL, Securitize, Hamilton Lane, OKX and 1 other
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