Stablecoin Development (SDEV) Invested Capital (2010 - 2026)
Stablecoin Development (SDEV) posted Invested Capital of $127.24 million for Q2 2026, compared with $4.36 million a year earlier and down 8.3% from the prior quarter.
Stablecoin Development (SDEV) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Stablecoin Development's Invested Capital came in at -$631.75 million.
- In prior years, Stablecoin Development's Invested Capital was $436,000 in FY2024 (-90.2%), $4.45 million in FY2023, -$158.15 million in FY2022 and $10.28 million in FY2021 (-16.6%).
- Quarterly Invested Capital has run from a low of -$631.75 million in Q4 2025 to a high of $138.83 million in Q1 2026 over five years.
- On a year-over-year basis, Invested Capital increased in two of the last four quarters, with growth averaging 71.8%.
- According to Business Quant data, Invested Capital for the three prior quarters was $138.83 million (Q1 2026), -$631.75 million (Q4 2025) and $1.26 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.85 Bn | 122.98 Bn | - | 70.58 Bn |
| 2 | Spdr Gold Trust | 137.25 Bn | -420.75 Bn | - | - |
| 3 | Blackstone | 87.90 Bn | 77.88 Bn | - | 34.26 Bn |
| 4 | Brookfield | 84.63 Bn | -98.68 Bn | - | 18.80 Bn |
| 5 | Kkr | 80.23 Bn | 372.42 Mn | - | 130.86 Bn |
| 6 | Brookfield Asset Management | 73.84 Bn | 68.65 Bn | - | 12.65 Bn |
| 7 | Apollo Global Management | 66.40 Bn | -16.39 Bn | 10.56 Bn | 55.21 Bn |
| 8 | Wheaton Precious Metals | 60.04 Bn | 55.46 Bn | 687.86 Mn | 11.68 Bn |
| 9 | Franco Nevada | 46.92 Bn | 44.28 Bn | 451.00 Mn | - |
| 10 | Stablecoin Development | 49.99 Mn | 14.35 Mn | - | 127.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.24 Mn |
| Mar 31, 2026 | 138.83 Mn |
| Dec 31, 2025 | -631.75 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Jun 30, 2025 | 4.36 Mn |
| Mar 31, 2025 | 6.25 Mn |
| Dec 31, 2024 | 436,000.00 |
| Sep 30, 2024 | 1.12 Mn |
| Jun 30, 2024 | 79,000.00 |
| Mar 31, 2024 | 1.17 Mn |
| Dec 31, 2023 | 4.45 Mn |
| Sep 30, 2023 | 8.31 Mn |
| Jun 30, 2023 | 9.75 Mn |
| Dec 31, 2022 | -158.15 Mn |
| Sep 30, 2022 | 13.78 Mn |
| Mar 31, 2022 | 17.75 Mn |
| Dec 31, 2021 | 10.28 Mn |
| Dec 31, 2020 | 12.32 Mn |
| Sep 30, 2020 | 13.99 Mn |
| Jun 30, 2020 | 1.51 Mn |
Stablecoin Development Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=SDEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "SDEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();