Case summary
What happened
Stablehouse opened early access in November 2021 with digital-asset products offering fixed interest and later published revised yield rates. XBTO announced its strategic acquisition of Stablehouse in August 2023 subject to Bermuda Monetary Authority approval. First-party XBTO materials later describe Stablehouse as fully acquired and a wholly owned subsidiary operating custody and trading infrastructure. The record reflects an acquisition and product transition, not a platform failure: no customer-loss, withdrawal-halt or repayment event is established. The historical yield products remain distinct from Stablehouse's current XBTO custody and trading role.
Customer result
Customer outcome
Not applicable
The reviewed sources establish acquisition and product transition rather than insolvency, withdrawal suspension or customer claims. No repayment or recovery percentage is assigned.
- Estimated recovery
- No customer-loss or repayment event was identified; Stablehouse was acquired and transitioned within the XBTO group.
- Repayment started
- —
- Repayment completed
- —
- Confidence
- High
Asset treatment
Terms risk
Varies by product
Product-dependent classification preserves the distinction between the historical yield offering and the post-acquisition custody and trading platform.
- Affected product
- Historical Stablehouse yield accounts and current Stablehouse/XBTO custody accounts
- Confidence
- Medium
Historical Stablehouse yield products and the current XBTO custody and trading accounts use different product structures. Current custody terms identify Stablehouse as the custody provider but cannot be applied retroactively to the earlier yield accounts.
Known unknowns
Uncertainty
The August 2023 acquisition announcement was subject to regulatory approval. Current official materials confirm completion during 2023, but no exact legal completion date was identified. Current custody and trading terms are not retroactively applied to the historical yield products.
Chronology
Historical record
Stablehouse opens early access
Stablehouse opened early access to a digital-asset platform offering fixed interest on supported crypto assets.
Stablehouse was incubated within the wider XBTO group before later acquisition.
Stablehouse revises yield-rate structure
Stablehouse announced new rates and deposit tiers for stablecoin and other digital-asset yield products.
The announcement documented the continuing retail and professional yield model before the later institutional transition.
XBTO announces Stablehouse acquisition
XBTO announced a strategic acquisition of Stablehouse, subject to Bermuda Monetary Authority approval, to expand institutional custody and trading services.
The announcement did not provide the eventual legal completion date.
Stablehouse documented as wholly owned XBTO subsidiary
Updated custody terms identified Stablehouse as a wholly owned subsidiary of XBTO Global, providing the first dated post-announcement evidence that the acquisition had completed.
The date is the custody-terms update date, not a claimed exact legal closing date. XBTO's corporate timeline confirms full acquisition during 2023.
XBTO launches ProTrading powered by Stablehouse
XBTO and Stablehouse launched an institutional trading product combining execution with custody infrastructure, demonstrating the post-acquisition product transition.
The transition did not represent a platform failure or customer-repayment event.
Source record
Evidence dossier
Filter by claim, reliability, source type, and whether evidence is linked to a specific event.
Entity
1 sourcesXBTO corporate history
XBTO
Corporate timeline records Stablehouse incubation in 2020 and later full acquisition in 2023.
Event
4 sourcesStablehouse opens early access to digital-assets platform
Stablehouse via PR Newswire · 2021-11-17
First-party launch release describing early access and fixed-interest digital-asset products.
Stablehouse debuts new rate structure
Stablehouse via GlobeNewswire · 2022-08-17
First-party release documenting revised yield rates and deposit tiers.
XBTO announces acquisition of Stablehouse
XBTO · 2023-08-10
First-party acquisition announcement subject to Bermuda Monetary Authority approval.
XBTO launches ProTrading powered by Stablehouse
XBTO · 2023-10-09
First-party product-transition announcement for institutional trading and custody.
ownership
3 sourcesXBTO ProTrading powered by Stablehouse
XBTO · 2023-10-09
Describes Stablehouse as recently acquired and documents the first major post-announcement product launch.
XBTO custody terms provided by Stablehouse
XBTO / Stablehouse · 2023-09-05
Updated terms identify Stablehouse as a wholly owned subsidiary of XBTO Global and provider of custody accounts.
XBTO corporate history confirms Stablehouse fully acquired
XBTO
XBTO's corporate timeline states that Stablehouse was fully acquired in 2023.
status
1 sourcesXBTO platform terms identify Stablehouse custody and trading role
XBTO / Stablehouse
Current terms describe Stablehouse as a wholly owned subsidiary operating digital-asset custody and trading.
url history
1 sourcesStablehouse website archive captures
Internet Archive
Preserves historical yield-product pages and the later XBTO integration surface.
No evidence records match the current filters.
Comparative records