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Augustus, which is building a federally chartered "AI-native" clearing bank designed around stablecoins, raised $180M led by Tiger Global at a $1B valuation (Krisztian Sandor/CoinDesk)

Techmeme ·
Tiger Global is backing a would-be stablecoin clearing bank at unicorn pricing.

Augustus raised $180 million in a round led by Tiger Global, valuing the company at $1 billion. The company is building what it calls a federally chartered, “AI-native” clearing bank designed around stablecoins. The item attributes the report to Krisztian Sandor at CoinDesk. Techmeme's note

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