Scan to download
BTC $79,442.91 -1.97%
ETH $2,259.90 -1.33%
BNB $674.49 -0.27%
XRP $1.43 -1.48%
SOL $91.08 -4.34%
TRX $0.3493 +0.10%
DOGE $0.1142 +2.31%
ADA $0.2652 -3.15%
BCH $434.47 -1.32%
LINK $10.22 -1.76%
HYPE $38.90 -3.96%
AAVE $97.53 -0.31%
SUI $1.20 -3.62%
XLM $0.1596 -2.64%
ZEC $527.50 -9.08%
BTC $79,442.91 -1.97%
ETH $2,259.90 -1.33%
BNB $674.49 -0.27%
XRP $1.43 -1.48%
SOL $91.08 -4.34%
TRX $0.3493 +0.10%
DOGE $0.1142 +2.31%
ADA $0.2652 -3.15%
BCH $434.47 -1.32%
LINK $10.22 -1.76%
HYPE $38.90 -3.96%
AAVE $97.53 -0.31%
SUI $1.20 -3.62%
XLM $0.1596 -2.64%
ZEC $527.50 -9.08%

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

2026-05-12 21:08:51
Collection

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.