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Genius Group invests $5 million to invest in Jewel Bank

AiCoin
AiCoin|5月 12, 2026 13:06
It is reported that Genius Group, a Nasdaq listed company, has made a strategic investment of $5 million in digital bank Jewel Bank, acquiring 9.9% equity. Jewel Bank is developing the US dollar stablecoin JUSD, which is planned to be supported by 1:1 cash and US bond reserves. The goal is to launch it in May 2026, and introduce a real-time settlement system and enterprise white label banking and stablecoin services. Genius Group will enter the regulated digital banking and stablecoin issuance field.
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