StableHouse Ltd.

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StableHouse Ltd. - overview

Established

2018

Location

Pembroke, -, Bermuda

Primary Industry

Software

About

Based in Bermuda, StableHouse Ltd. operates as a digital asset investment platform, focusing on custody and trading services for institutional and accredited investors, ensuring secure and compliant management of digital assets. StableHouse Ltd. was founded in 2018 and is headquartered in Pembroke, Bermuda.


The company specializes in providing a digital asset investment platform while undergoing a strategic acquisition in August 2023 by XBTO Group, enhancing its service offerings. Philippe Bekhazi serves as the CEO. The company has completed 2 deals, with the latest funding round being a Seed round of USD 2. 18 mn, raising a total of USD 2.


18 mn primarily through investors such as Dragonfly, Liberty City Ventures, and Lukka, Inc. StableHouse, now XBTO, specializes in providing a comprehensive digital asset investment platform that integrates custody and trading services. The core product offerings include a secure custody solution designed for institutions and qualified investors, ensuring the safe storage of digital assets. Their trading services facilitate a seamless experience for clients seeking to engage in various digital asset transactions.


The platform primarily addresses the needs of institutional investors and accredited individuals who demand robust security, regulatory compliance, and user-friendly interfaces. As a licensed entity under the Bermuda Monetary Authority's Digital Asset Business Act 2018, XBTO serves clients globally, targeting markets in North America, Europe, and Asia-Pacific, where the demand for digital asset management and trading solutions is rapidly growing. Revenue generation for XBTO occurs through transaction fees associated with custody services and trading activities. Clients are charged based on the volume of assets managed and the number of transactions executed within the platform.


The company offers various service tiers tailored to different client needs, with pricing reflective of the level of service and support provided. Clients typically engage in B2B transactions, where institutional investors partner with XBTO to manage their portfolios efficiently. The structure of transactions includes subscription models for ongoing custody services and one-time fees for trading activities, thus allowing clients to choose plans that align with their investment strategies. The recent acquisition of StableHouse Ltd.


by XBTO Group aims to expand the range of digital asset services available to institutional investors. The company plans to innovate new products, enhancing its existing platform capabilities. Details regarding the specific new products have yet to be released. XBTO is targeting expansion into new geographic regions, focusing on increasing its presence in markets across North America, Europe, and Asia-Pacific by leveraging the recent funding from the Seed round completed on August 11, 2023.


This funding will support the development of these initiatives and improve service delivery.


Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.stablehouse.io

Verticals

Blockchain, FinTech

Company Stage

Acquired

Total Amount Raised

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