StableStock Secures New Round of Strategic Funding at a $75 Million Valuation
on November 2, according to an official blog post, stablecoin US stock trading platform StableStock announced the completion of a new strategic financing round at a $75 million valuation, with participation from Amber, Nomad Capital, Flow Traders, and Gate. Previously, StableStock was selected for YZi Labs' first EASY Residency program and received seed funding from YZi Labs, MPCi, and Vertex Ventures.
StableStock also launched its Points: Genesis rewards program, which went live today. Users can earn points by trading or holding eligible stocks and ETFs, with both spot and leveraged spot trades counting; points are distributed daily before 02:00 UTC. Qualifying trades and holdings prior to launch will receive retroactive points, and early users can also receive an OG bonus.
Currently, StableStock supports over 3,000 stocks and ETFs, covering Hong Kong and South Korean shares, with cumulative trading volume reaching hundreds of millions of dollars.