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.

With years of experience behind us, we recognized Augustus' potential early on and invested immediately. We were impressed with their team's combined achievements and ambition. Working closely with the founding team, we provided an office space and value-add angels to help them get started.


Our partnership with Augustus has been vital to their success. We have been there to provide support and spar with them on vital operational questions, forming a strong relationship that is only ever a phone call away.