About Augustus
- Industry
- Financial Services
- Company size
- 11-50 employees
- Company type
- Public Company
Augustus (formerly known as Ivy) has received OCC conditional approval to charter the first clearing bank for the AI era.
This approval has been driven by our core thesis: the dollar is the best product in the history of the world, with practically infinite global demand - but distribution is broken. The existing clearing model runs on legacy correspondents that are closed 115 days a year, built for humans, and take two days to settle. Augustus is the update to the AI era: an autonomous clearing bank, purpose-built around programmable money and stablecoins. Always open. Made for machines. At the speed of compute.
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- 69
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