Tether-Backed SDEV Completes $134 Million Private Placement to Boost SKY Holdings

CoinLive
2026.04.15 22:28
Stablecoin Development Corporation (SDEV), backed by Tether, has successfully completed a $134 million private placement. According to NS3.AI, the funds raised are primarily aimed at increasing SDEV's holdings in SKY tokens. Currently, SDEV possesses approximately 2.15 billion SKY tokens, which accounts for about 9.15% of the total supply.
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