Augustus raises $180 million to build a stablecoin-ready bank, valued at $1 billion

Startup Augustus has raised $180 million in a Tiger Global-led funding round, reaching a $1 billion valuation. The company aims to wire stablecoin rails directly into a federally chartered bank to create a "Global Dollar Bank" capable of modernising the correspondent-banking system behind cross-border payments. The round signals growing investor appetite for regulated crypto-finance infrastructure.

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🪙 Crypto Augustus Raises $180M Series B at $1B Valuation to Build 'Global Dollar Bank' The Block · 6d ago 🪙 Crypto Augustus raises $180M to build clearing bank for AI and stablecoin era CoinDesk · 6d ago 📈 Business Revolut Valued at $115 Billion in Employee Share Sale CoinDesk · 5d ago

More on this topic

🪙 Crypto Augustus Raises $180M Series B at $1B Valuation to Build 'Global Dollar Bank' The Block · 6d ago 🪙 Crypto Augustus raises $180M to build clearing bank for AI and stablecoin era CoinDesk · 6d ago 📈 Business Revolut Valued at $115 Billion in Employee Share Sale CoinDesk · 5d ago