$110 Million Crypto Push: Jeeves Secures Funding from A16z and Coinbase

Jeeves Inc., a Miami-based fintech company, has secured $110 million in funding to expand its offerings and further push into the crypto space. The Series C round was led by CoinFund, with participation from AllianceBernstein, Coinbase Ventures, and Andreessen Horowitz. This investment brings Jeeves' total funding to date to an undisclosed figure.

The company plans to use the funds to develop a stablecoin wallet, artificial-intelligence agents, and enable instant payouts in more countries. This move is seen as an effort to increase its presence in the crypto market, which has experienced significant growth and adoption in recent years.