Stablecoin Development Corporation to Go Public, Focused on Sky Protocol Ecosystem and Staking
ByAinvest
Monday, Mar 23, 2026 5:33 pm ET1min read
SKY--
NovaBay Pharmaceuticals is rebranding as Stablecoin Development Corporation, focusing on the Sky protocol ecosystem and staking. The company holds 2 billion SKY tokens, generating on-chain rewards. NovaBay has secured a $134 million private placement and believes stablecoins are core infrastructure for global finance. The rebranding is expected to go live in early April with a new ticker, SDEV.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue



Comments
No comments yet