Stablecoin startup Augustus completes $40 million financing, with participation from Circle founder and others
Stablecoin bank Augustus has obtained a federal banking license issued by the Office of the Comptroller of the Currency (OCC), becoming the eighth institution to receive this license since 2010, and has simultaneously completed a $40 million financing round, with investors including Valar Ventures, Creandum, Ramp, Deel, and the founder of Circle.
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