SOLUTIONS
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CORE BANKING
Business checking, deposit, wires for digital asset businesses
STABLECOINS
Seamless banking across fiat and stablecoins, with Stablecoins-as-a-Service issuance on behalf of select clients
SETTLEMENT EXCHANGE
Intra-bank settlement between Jewel Bank account holders, 24/7 with no friction of traditional settlement between banks.
Digital Asset Custody
Clients can choose to custody their digital assets and stablecoins with us, or hold their own keys
Collateralized Lending
Crypto-collateralized lending enables clients to leverage their existing digital assets for investment and other purposes.
API-Based Services
Full bank-as-a-service via API for a single point to manage cash, stablecoins, wires, fiat on/off ramps
WHY BERMUDA?
Bermuda has a burgeoning digital asset ecosystem and a pristine history as a leader in global financial services.
The island of Bermuda, through its membership in the Caribbean Financial Action Task Force (CFATF) is also a member in the Financial Action Task Force (FATF), the inter-governmental body comprising over 200 countries, including the United States and all other G20 nations, that sets international standards to prevent money laundering and terrorist financing around the globe. The Bermuda Monetary Authority (BMA) will act as Jewel’s licensing and bank regulatory authority upon license approval, and considers the favorable status that Bermuda holds within CFATF/FATF to be essential to the ongoing economic development of the island.
Clear regulatory framework for digital assets ("DABA Act" 2018) under a single, sophisticated regulator
Multi-currency denominated bank deposits (US Dollar, Euro, Pound Sterling, Swiss Franc)
Access to global payment systems for fiat on-ramps and off-ramps (US Fedwire, ACH, SWIFT, SEPA)
Highly respected non-US bank regulatory environment - favorable for digital asset enterprises
Globally-recognized anti-money laundering and anti-terrorist financing compliance requirements
