CoinScoopJeeves Secures $110 Million from a16z and Coinbase to Expand Crypto Infrastructure
Fintech firm Jeeves has raised $110 million from investors including Andreessen Horowitz and Coinbase to develop stablecoin wallets, AI agents, and instant payout services. The company, which facilitates cross-border payments, currently settles 50% to 60% of its international transactions using stablecoins like USDC and EURC to bypass traditional banking systems in emerging markets.
Summaries are written by AI from the original article. Not investment advice.