Neutral
GlobeNewsWire
11 hours ago
Genius Group Launches New Digital Banking and Stablecoin Initiative Designed to Complement AI-Powered Education Platform
Unique opportunity at the intersection of AI education and regulated digital banking—the two fastest-growing sectors in global technology and finance Enters high growth stablecoin market: circulating supply of $300 billion (2026) projected to reach $2 trillion to $4 trillion by 2030 Genius Group positioned to be a Permitted Payment Stablecoin Issuer, launch GEMs (Genius Education Merits) blockchain-based tokens, and build Digital Asset Service Provider capabilities Genius Group's scalable, high-demand education ecosystem drives operational revenue growth of 171%, gross profit growth of 228% SINGAPORE, May 12, 2026 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group”, “GNS” or the “Company”), a leading AI-powered education group, today delivered a corporate update on its April 2026 entry into regulated digital banking and stablecoin issuance through Jewel Bank, and the strategic connection to its high-growth, high-demand AI education platform. Roger James Hamilton, Founder and CEO of Genius Group, commented, “Through our strategic 9.9% equity stake in Jewel Bank, a dual-licensed digital bank based in Bermuda, we are entering a fast-growing stablecoin circulation market valued at $300 billion in 2026, with projected growth to $2- to $4 trillion by 2030.1 Our Jewel Bank investment was funded using part of the proceeds from our $8 million registered direct offering led by American Ventures, a high-profile investment firm focused in part on AI, crypto assets and digital banking.