BTC $84,656.90 -0.91%
ETH $2,681.90 -1.21%
BNB $768.34 -0.94%
XRP $1.49 -1.30%
SOL $119.25 -1.39%
TRX $0.3341 -0.06%
DOGE $0.0930 -1.83%
ADA $0.2467 -1.01%
BCH $310.89 +0.46%
LINK $13.92 -3.38%
HYPE $88.12 -0.67%
AAVE $178.82 +1.28%
SUI $1.14 -1.91%
XLM $0.2154 -2.24%
ZEC $1,319.38 -1.05%
AAPL $333.41 +0.62%
AMZN $251.91 +1.08%
GOOGL $343.77 +1.09%
MSFT $517.70 +0.18%
META $727.30 -0.28%
NVDA $234.31 +1.17%
TSLA $370.66 +4.13%
SNDK $1,719.19 -3.79%
INTC $118.33 -2.04%
SPCX $158.90 +6.58%
MU $1,067.85 -2.24%
AMD $633.76 +2.22%
BTC $84,656.90 -0.91%
ETH $2,681.90 -1.21%
BNB $768.34 -0.94%
XRP $1.49 -1.30%
SOL $119.25 -1.39%
TRX $0.3341 -0.06%
DOGE $0.0930 -1.83%
ADA $0.2467 -1.01%
BCH $310.89 +0.46%
LINK $13.92 -3.38%
HYPE $88.12 -0.67%
AAVE $178.82 +1.28%
SUI $1.14 -1.91%
XLM $0.2154 -2.24%
ZEC $1,319.38 -1.05%
AAPL $333.41 +0.62%
AMZN $251.91 +1.08%
GOOGL $343.77 +1.09%
MSFT $517.70 +0.18%
META $727.30 -0.28%
NVDA $234.31 +1.17%
TSLA $370.66 +4.13%
SNDK $1,719.19 -3.79%
INTC $118.33 -2.04%
SPCX $158.90 +6.58%
MU $1,067.85 -2.24%
AMD $633.76 +2.22%

Genius Group, a Bitcoin treasury company, strategically invested 5 million dollars in the digital bank Jewel Bank

2026-05-12 21:08:51

Genius Group, a Bitcoin treasury company listed on NASDAQ, disclosed that it has made a strategic investment of $5 million in the digital bank Jewel Bank, acquiring a 9.9% stake in the company. It is reported that Jewel Bank is developing a dollar-pegged stablecoin, JUSD, which is planned to be backed by a 1:1 cash and U.S. Treasury reserve, aiming to launch in the second half of 2026. Additionally, it will introduce a real-time settlement system and white-label banking and stablecoin infrastructure services for enterprises. Following this investment, Genius Group will also enter the regulated digital banking and stablecoin issuance sector.

app_icon
ChainCatcher Building the Web3 world with innovations.