San Francisco just got another fintech flex, and this one’s built for the institutions that don’t just park their cash, they make it move. Jiko, the digital platform that turns corporate cash into programmable yield, just announced a strategic investment from Coinbase, Blockstream Capital Partners, Crypto.com, and Bitso. The amount? Undisclosed. The message? Loud and clear. The big players in digital assets want a front-row seat to the future of safe, liquid, and intelligent treasury management.
Founded in 2016 by Stephane Lintner and Rocky Motwani, Jiko didn’t come out of nowhere, it came out of the 2008 financial wreckage. Lintner, a former Morgan Stanley and Bain Capital Ventures alum, saw the cracks in the system early. The idea was simple but radical: replace the fragile banking middle layers with something that actually holds value, U.S. T-bills. Today, Jiko’s vertically integrated setup blends a national bank and a FINRA/SIPC-registered broker dealer to programmatically buy, store, and redeem those T-bills 24/7. That’s not “fintech buzzword bingo.” That’s plumbing for the digital economy.
With over $10B in T-bill trades since launch and $1B milestones hit long before the rest of the market woke up to Treasury yields, Jiko has turned boring government paper into a real-time liquidity engine. Its JikoNet network runs like clockwork, moving USD across counterparties with the kind of precision that makes old-school settlement systems look like dial-up. Safety, yield, liquidity, all in one motion. It’s the fintech version of breathing underwater.
The new capital will power deeper integrations with Coinbase, Blockstream, Crypto.com, and Bitso, building the connective tissue between traditional finance and digital-asset rails. It’s also fuel for JikoNet’s expansion into global markets and Fortune 500 treasuries that are tired of watching idle cash collect dust. The $20T corporate cash market is no small pond, and Jiko’s fishing where the whales swim.
Credit where it’s due: Lintner and Motwani saw the future before the noise. Now they’re building the bridge between safety and speed, yield and trust. The fintech world’s been chasing the next big thing in treasury tech, Jiko just quietly built it.
When corporate treasuries start talking about “programmatic liquidity,” remember who coded it first.
