Your cash earns interest while you spend?
Jiko, a digital banking company founded by Stephane Lintner, Jeffrey Neuman, and Rocky Motwani, invests customer deposits directly into U.S. Treasury bills and gives clients instant liquidity through an API and a debit card.
It announced strategic investments from Coinbase and Blockstream. Existing partners include Crypto.com and Bitso.
Jiko's platform, built on a U.S. bank charter, integrates Treasuries custody, clearing, and settlement into a real‑time ledger called JikoNet, enabling 24/7 fiat transactions backed by sovereign debt.
The model generates revenue from Treasury yield spreads and API fees; clients range from fintechs to exchanges looking for safe, yield‑bearing accounts.
CEO Stephane Lintner, who previously managed risk at Goldman Sachs during the 2008 crisis, says the goal is to bridge digital asset ecosystems with regulated banking. With Coinbase and Bitso now investors, Jiko hopes to become the default settlement layer between crypto wallets and traditional finance. Are Treasuries‑backed accounts the future of stable money?
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