Genius Group Invests $5M in Jewel Bank, Acquires 9.9% Equity

According to ChainCatcher, Nasdaq-listed bitcoin treasury company Genius Group recently disclosed a $5 million strategic investment in digital bank Jewel Bank, acquiring 9.9% equity. Jewel Bank is developing JUSD, a dollar-backed stablecoin supported by 1:1 cash and U.S. Treasury reserves, with plans to launch in the second half of 2026. The investment marks Genius Group's entry into the regulated digital banking and stablecoin issuance sector.
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