Stably was founded by Kory Hoang, David Zhang in 2019.

Who are Stably's investors?

Stably's investors include Bloccelerate VC, 500 Global, BEENEXT, Morgan Creek Capital.

How much funding has Stably raised?

Stably has disclosed $7M raised across 3 of its 4 known rounds.

Where is Stably headquartered?

Stably is headquartered in Seattle, US.

Stably

Seattle, US · Founded 2019 · Delaware corporation · 12 employees on LinkedIn · 5 known investors

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Stably is a stablecoin services and advisory firm that helps businesses, financial institutions, and DeFi protocols launch and manage branded stablecoins, offering Stablecoin-as-a-Service (via partner Brale) alongside advisory on economics, liquidity, and go-to-market. It serves banks, fintechs, retailers, and other enterprises exploring stablecoin issuance.

Crypto & Web3 Fintech SaaS

Founders & leadership

Stably was founded in 2019 by Kory Hoang and David Zhang.

Kory Hoang FounderHe has worked in blockchain technologies and digital asset infrastructure since 2018, with expertise in stablecoin economics, tokenomics, and on-chain liquidity.

David Zhang Co-Founder & CTO2018–2026Founder of Stably, a stablecoin services and advisory firm. Has a background in trading financial markets and an interest in blockchain technology.

BRYAN LESLIE GUYNamed on SEC filing

AMIYA DIWANNamed on SEC filing

DAZHENG ZHANGNamed on SEC filing

PAUL STAHURANamed on SEC filing

KHOI MANH HOANGNamed on SEC filing

Investors · 5

Bloccelerate VClisted by Bloccelerate VCSeattle

How we know: Bloccelerate VC's portfolio page · the VCSheet dataset · Not right? Tell us

500 GlobalreportedPalo Alto · $150K

How we know: funding news · coindesk.com · Not right? Tell us

BEENEXTreportedSingapore

How we know: funding news · coindesk.com · Not right? Tell us

Morgan Creek CapitalreportedChapel Hill · $1M – $5M

How we know: funding news · medium.com · the VCSheet dataset · Not right? Tell us

Also in the syndicate · 1

CREAMlead

Funding

SEC filings, press & company announcements

$7M disclosed across 3 of 4 rounds · 2018–2021

Undisclosed amountseed funding roundApr 2018
500 Startups (lead), Beenext (lead)
Source ↗

▶$4.5MraisedJan 2022 · 8 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Dazheng ZhangExecutive Officer, Director
Khoi HoangExecutive Officer, Director, Promoter
Paul StahuraDirector

Offering amount: $5M
Amount sold: $4.5M
First sale: Dec 2021
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$750KraisedMar 2020 · 3 investors · Other Banking and Financial Services

Rule 506(b)

Officers, directors & promoters on the filing

Khoi HoangExecutive Officer, Director, Promoter
Dazheng ZhangExecutive Officer, Director, Promoter
Paul StahuraDirector

Offering amount: $1M
Amount sold: $750K
Minimum investment: $150K
First sale: Feb 2020
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b, 4a5

Full filing on SEC EDGAR ↗

▶$1.7MraisedFeb 2019 · 13 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

BRYAN LESLIE GUYExecutive Officer
CLIFF MONLUXPromoter
AMIYA DIWANExecutive Officer
DAZHENG ZHANGExecutive Officer, Director
PAUL STAHURADirector
KHOI MANH HOANGExecutive Officer, Director

Offering amount: $1.7M
Amount sold: $1.7M
Minimum investment: $25K
Finders' fees: $60K
Proceeds to insiders: $1.7M
Placement agents: CLIFF MONLUX
First sale: Jan 2019
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Stably went on to found or lead other companies.

Izak FritzSoftware Development and Growth EngineerFounded Repaint Trường PhanSenior Project ManagerFounded Gohub Raaid HossainAdvisorFounded Wiser

Related companies · 8

StablesA fintech platform that creates virtual bank accounts for customers, automatically converting inbound fiat deposits to stablecoins and routing them to designated cryptocurrency wallets. It enables businesses to accept customer deposits across multiple fiat currencies and local payment rails without operating traditional bank accounts.

StablecoreStablecore provides digital asset infrastructure for banks and credit unions, enabling them to work with stablecoins, tokenization, and blockchain technology. The company builds core banking infrastructure for financial institutions entering the digital asset space.

BastionBastion provides stablecoin issuance infrastructure with compliance and security features, enabling institutions to launch USD-backed stablecoins with customizable issuer models.

CoinbaseCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.

CoingeckoCoinGecko is the world's largest independent cryptocurrency data aggregator, providing comprehensive market data including price, volume, and market capitalization across thousands of cryptoassets. It serves millions of users globally with tools, research, and APIs for cryptocurrency market analysis and insights.

StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.

BridgeBridge is a stablecoin payments platform that gives businesses infrastructure to receive, store, convert, issue, and spend stablecoins through a single API. It supports use cases such as cross-border payments, global payouts, onchain financial services, and crypto onramps/offramps.

IndustriesJ.P. Morgan is a global financial services firm serving corporations and individuals in more than 100 countries, offering investment research, tools, data, analytics, and advisory services. It supports institutional investors, asset and fund managers, hedge funds, broker dealers, and equity issuers with liquidity, fixed income strategies, and equity compensation solutions.

Companies working in the same space as Stably.

Legal entities · 1

corporate structure

StablyDelaware

In the news

Cryptocurrency startup Stably raises more cash, eyes growth amid pandemic – GeekWiregeekwire.com · May 2020

Frequently asked questions

What does Stably do?: Stably is a stablecoin services and advisory firm that helps businesses, financial institutions, and DeFi protocols launch and manage branded stablecoins, offering Stablecoin-as-a-Service (via partner Brale) alongside advisory on economics, liquidity, and go-to-market. It serves banks, fintechs, retailers, and other enterprises exploring stablecoin issuance.
Who founded Stably?: Stably was founded by Kory Hoang, David Zhang in 2019.
Who are Stably's investors?: Stably's investors include Bloccelerate VC, 500 Global, BEENEXT, Morgan Creek Capital.
How much funding has Stably raised?: Stably has disclosed $7M raised across 3 of its 4 known rounds.
Where is Stably headquartered?: Stably is headquartered in Seattle, US.