Augustus raises $180M at $1B valuation to build AI-era clearing bank

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Augustus has secured $180 million in funding, pushing its valuation to $1 billion. The company is building a clearing bank designed for the modern era of artificial intelligence and stablecoins. Its core aim is to replace outdated correspondent banking systems with infrastructure that operates around the clock. The platform is intended to bridge traditional payment networks with stablecoin-based financial systems.

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