Crypto
Jeevs raises $110 million to expand enterprise stablecoin banking
Enterprise stablecoin banking platform Jeevs has raised $110 million, with the round led by CoinFund and joined by AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, GIC and Y Combinator. The company said revenue quadrupled in 14 months and annualised card and payment volume more than tripled to over $5 billion. Stablecoin volume grew to $1.5 billion annualised. Jeevs plans to expand stablecoin card service to 35 countries and introduced a wallet and AI spend tracking.
