Jeeves Raises $110M for Stablecoin Banking

Jeeves raised $110 million led by CoinFund to expand its stablecoin-native banking platform, launching a crypto wallet with payouts in 190 countries. The company surpassed $5 billion in annualized platform volume, with stablecoin-settled activity reaching $1.5 billion after starting from zero eight months ago. Customers include BMW, H&M, Lululemon and Burger King.