Six months ago we shipped StableStock — a stablecoin-funded broker. Fund with stablecoin, buy real public-market stocks. HK and US equities, settlement on-chain, execution at the exchange.


In April we launch a new product to HK IPO subscription. Stablecoin holders can now subscribe to Hong Kong primary market offerings.
That's the month the thesis stopped being a thesis.
→ $59.4M total volume. 6× than March. 68× our first month.
→ $16M AUM, 3x than March, 6.4× since November.
→ 5000+ Deposit/KYC Users , 4x than March.
The pattern showing up the strong demand of stablecoin holders investment in global securities.
In the next few months, May–June:
→ Stricter KYC. We banned 1,030 high-risk accounts on April. Compliance comes before scale, not after.
→ Margin trading on HK and US equities.
→ iOS + Android app.
Build in public. Next update end of May.
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