{"schema":"rootz.ai/sec-company/v1","layer":1,"cik":"0001389545","name":"Stablecoin Development Corp","summary":"Stablecoin Development Corp (formerly focused on eyecare, wound care, and skin care products) has pivoted to a digital asset capital allocation strategy. The company acquires and holds SKY tokens, the protocol token of the decentralized Sky network built around the USDS stablecoin. As of January 2026, it held approximately 943.6 million SKY tokens, funded via a $137.4 million private placement of pre-funded warrants.","people":[],"products":[{"name":"SKY Token Holdings","type":"platform","description":"Holdings of SKY, the protocol token of the decentralized Sky network, acquired for long-term capital allocation and protocol-level economic participation."},{"name":"USDS Stablecoin (Sky Protocol)","type":"platform","description":"Collateral-backed stablecoin soft-pegged to the US dollar, native to the Sky Protocol on the Ethereum blockchain."},{"name":"Eyecare, Wound Care, and Skin Care Products","type":"hardware","description":"Legacy scientifically-created and clinically-proven consumer health products; operations significantly reduced following business realignment."}],"partnerships":[{"partner_name":"Fireblocks, Inc.","partnership_type":"strategic","description":"Provides software-as-a-service platform for secure storage, management, and administration of digital assets via vault and MPC key management.","start_date":null},{"partner_name":"Payward Financial, Inc. (Kraken)","partnership_type":"strategic","description":"Wyoming SPDI providing institutional digital asset custody services under a Prime Broker Agreement, holding assets in trust under Wyoming law.","start_date":null},{"partner_name":"Station70","partnership_type":"strategic","description":"Third-party disaster recovery service provider engaged to facilitate cryptographic key recovery in the event of loss or compromise under Fireblocks arrangement.","start_date":null}],"affiliations":[],"origin":{"leaf":"48edc28bf889df5693f73087e79e69d1e5206664876f06274bf7fa41f9425220","formula":"v2: sha256( sha256(content) || parent || source_accession )","content_sha256":"f75ce9cc57614637357d619fbbc8c56b44e630c80e00ce6a1b3e37b1f62acdea","parent":"9ead2d0476671c612ff10932c73c76cfbaa105365e69abf155f712ae36308a94","source":"0001437749-26-009090","chain":"sec.gov/EDGAR (retrieved over TLS, accession recorded) > origin.rootz.global extraction > this response","registry":"origin.rootz.global","verify":"Recompute it: sha256(sha256(<this response body minus the origin block>) || parent || source_accession). 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Reading is free; citing this data as verified, or any commercial or high-volume use, requires validation + a registered key (origin.rootz.global/dashboard). Unvalidated commercial use is unlicensed.","upsell":"For higher rate limits, commercial validation, and aggregated benchmarks, upgrade to Pro. See origin.rootz.global/pricing","tier_recommendation":"pro"}}