StablecoinX Inc. Class A Common Stock (USDE)

FINANCE SERVICES

StablecoinX Inc. Class A Common Stock (USDE) is listed on Nasdaq, where it has traded since June 26, 2026.

Listed On
Nasdaq
Listed Since
June 26, 2026
Market Cap
$237M

About StablecoinX Inc. Class A Common Stock

StableCoinX Inc is a newly-formed validator and infrastructure business expected to operate infrastructure and staking services, running validators and related technical services for the Ethena protocol. The company is expected to adopt a multi-year treasury strategy to build a reserve of ENA, the Ethena protocol's native token.

Institutional ownership

In 13F filings for the quarter ended June 30, 2026, 7 institutions reported holding USDE, with 1.5 million shares worth $3.6 million in aggregate. The largest reported holder was Ribbit Management Company, with 453,191 shares worth $1.2 million. Of the 5 largest holders listed below, all 5 opened new positions in USDE during the quarter.

InstitutionSharesValueQuarter change
Ribbit Management Company453,191$1MNew position
Parafi Capital411,900$1MNew position
Kingsway Capital Partners300,000$264KNew position
Pantera Capital Partners207,953$572KNew position
Franklin Resources98,165$171KNew position

Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.

Frequently asked questions

What is USDE?

StablecoinX Inc. Class A Common Stock (USDE) is listed on Nasdaq, where it has traded since June 26, 2026.

Who are the largest institutional holders of USDE?

In 13F filings for the quarter ended June 30, 2026, the largest reported holders of USDE were Ribbit Management Company, Parafi Capital and Kingsway Capital Partners.

How many institutions own USDE?

7 institutions reported a position in USDE for the quarter ended June 30, 2026, worth $3.6 million in total.

Did institutions buy or sell USDE last quarter?

Of the 5 largest reported holders, all 5 opened new positions in USDE during the quarter. Every reported holder and its change is on the SentiSense ownership page for USDE.

Every reported institutional holder, plus insider and congressional trades in USDE, on SentiSense.