Jeeves secures $110 million in Series C funding and continues to focus its firepower on the stablecoin business.
According to a report by Bloomberg, the Miami fintech company Jeeves Inc. said the funding will be used to launch a stablecoin wallet, AI agents, and to enable instant payments in more countries. The round was led by CoinFund, with participation from AllianceBernstein, Coinbase Ventures, and Andreessen Horowitz (a16z).
The appeal of this kind of news is pretty straightforward: on one side are corporate spending and payment scenarios; on the other, stablecoins as an extension of settlement infrastructure. If the subsequent rollout goes smoothly, the market will continue to watch the stablecoin payments track, as well as RWA, enterprise crypto banks, and compliant on-chain financial infrastructure. Would you rather first see its instant-payment deployment, or the push for a stablecoin wallet?
Source: BlockBeats
Figure 1: Jeeves adds $110 million to expand its stablecoin business · Source page partial screenshot
Image source: https://www.theblockbeats.info/flash/369614
According to a report by Bloomberg, the Miami fintech company Jeeves Inc. said the funding will be used to launch a stablecoin wallet, AI agents, and to enable instant payments in more countries. The round was led by CoinFund, with participation from AllianceBernstein, Coinbase Ventures, and Andreessen Horowitz (a16z).
The appeal of this kind of news is pretty straightforward: on one side are corporate spending and payment scenarios; on the other, stablecoins as an extension of settlement infrastructure. If the subsequent rollout goes smoothly, the market will continue to watch the stablecoin payments track, as well as RWA, enterprise crypto banks, and compliant on-chain financial infrastructure. Would you rather first see its instant-payment deployment, or the push for a stablecoin wallet?
Source: BlockBeats
Figure 1: Jeeves adds $110 million to expand its stablecoin business · Source page partial screenshot
Image source: https://www.theblockbeats.info/flash/369614
