Jiko is a federally regulated bank and broker-dealer whose proprietary technology invests deposits directly in US Treasury bills (which are backed by the full faith and credit of the US government), rather than holding deposits on the bank’s balance sheet. Jiko is thus de-levered for systematic safety and scale, meaning it does not provide any other banking or brokerage services such as underwriting or proprietary trading. All customer assets are held off-balance sheet, away from bank-liquidity issues. Even though assets are held in T-bills, Jiko supports similar functionality and rails as Juno’s previous banking partner, so Juno customers will not experience any significant difference in settlement times or methods of funding or withdrawing from Juno. Learn more about Jiko at Jiko.com.

If you have any questions, the team is always here for you, so feel free to contact our support team.