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Jeeves raises $110M to scale stablecoin-native banking platform for global payments

Jeeves raises $110M to scale stablecoin-native banking platform for global payments - SiliconANGLE

Tarun Mottlia

Via SiliconANGLE

·Excerpt
Jeeves raises $110M to scale stablecoin-native banking platform for global payments
Image: SiliconANGLE

Jeeves raises $110M to scale stablecoin-native banking platform for global payments

Jeeves Inc., a stablecoin-focused banking platform for global enterprises, announced Tuesday it has raised $110 million in equity funding to launch a cryptocurrency wallet with payouts across 190 countries.

The crypto-focused venture capital and investment firm CoinFund led the round. Additional participants included AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista, Wintermute, Y Combinator, and others.

Jeeves touts itself as a stablecoin-native banking platform, meaning…

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