Jiko

Jiko's primary activity is to provide an innovative banking technology platform, entirely based on U.S. Treasury bills (T-bills), to manage liquidity and the security of funds for institutions and companies. Jiko offers products and services that enable direct investment in T-bills, 24/7 payments and settlements, and the integration of these features via API into institutional platforms. Their flagship offering, "Jiko Pockets", combines the advantages of a bank account and a brokerage account, providing the security, transparency and yield of T-bills while enabling instant payments (ACH, transfers, cards). Jiko primarily serves financial institutions, digital asset platforms, companies, municipalities and treasury teams seeking to optimize cash management with maximum security, liquidity and yield, while minimizing counterparty risk.

History of Jiko and key stages of its development

Jiko is a company born in the aftermath of the 2008 financial crisis, founded on the belief that the traditional financial system was too fragile, complex, and interconnected. The founding team, although spread across the world at the time, shared the same realization about the need to rethink the security and structure of financial services.

Key stages of development:

• Creation: Jiko was founded with the mission to make finance safer and more transparent, relying on simple and solid assets such as U.S. Treasury bills (T-bills).
• Product innovation: Jiko developed a unique technology platform, 100% based on T-bills, allowing clients to invest directly in these securities while enjoying the liquidity and simplicity of a traditional bank account. The flagship product, Jiko Pockets, combines the advantages of a bank account and a brokerage account, offering security, yield, and transparency through direct ownership of T-bills.
• Technology and API: Jiko offers an advanced API enabling the integration of its services into institutional platforms, facilitating real-time access to T-bills and the automation of financial operations.
• Strategic partnerships: Jiko has established major partnerships with digital finance players, including Coinbase, Blockstream Capital Partners, Crypto.com, and Bitso. These collaborations strengthen Jiko’s position as a preferred banking partner for institutions wishing to use a T-bill-based model for storage, settlement, and payments.
• Investments and growth: Jiko recently announced strategic investments from Coinbase and Blockstream Capital Partners, accelerating its expansion and the adoption of its platform by major institutions.
• JikoNet: Launch of JikoNet, a stable network for institutional USD settlement 24/7, instantly converting T-bills into liquidity during transfers, with no volume limits or time constraints.
• Key figures: Over $10 billion in T-bills traded for institutional clients, more than 130,000 accounts opened, and the ability to spend T-bills in real time via Visa card.

Strategic changes: Jiko has set itself apart by focusing on the security and liquidity of T-bills, in response to market volatility and the limitations of traditional financial instruments. The company aims to offer a resilient alternative for cash management, particularly suited to large companies, financial institutions, and crypto-asset platforms.

Today, Jiko positions itself as an innovative banking and technology platform, serving stability, security, and transparency in global liquidity management.

The founder of Jiko is Stephane Lintner, who also serves as CEO. Among the key members of the management team are Pratik Patel (CTO), Matthew Carey (COO), and Jason T. Hwang (Chief Compliance Officer). The team includes other experienced executives from the fields of finance, technology, and compliance.