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Provided by AGPUnique opportunity at the intersection of AI education and regulated digital banking—the two fastest-growing sectors in global technology and finance
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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.
“As we build the infrastructure that will connect our digital banking initiative, including GEMs (Genius Education Merits), blockchain credentials, and stablecoin-powered student finance, to our Genius education platform, we believe Genius Group offers investors a unique opportunity at the intersection of regulated digital banking and AI education — the two fastest-growing sectors in global technology and finance.”
Jewel Bank: Digital Banking and Stablecoin Opportunity
In April 2026, Genius Group acquired a 9.9% equity stake in Jewel Bank, Bermuda’s only dual-licensed digital bank, using $5 million of an $8 million registered direct offering in April 2026 led by American Ventures LLC.
Jewel Bank holds both a full Bermuda Monetary Authority (BMA) banking license and a Class F Digital Asset Business Act (DABA) license — the only institution in Bermuda with both. This dual license positions Jewel Bank as a Permitted Payment Stablecoin Issuer under the US GENIUS Act, which was signed into law on July 18, 2025, establishing the first comprehensive federal regulatory framework for stablecoins in the United States.
Key highlights include:
Genius Group: AI-Powered Education and Accelerating Growth
Genius Group also provided an overview of its AI-powered education ecosystem, including financial performance and previously announced corporate developments. The Company operates through four integrated business units: Genius School, Genius Academy, Genius Resorts and now Jewel Bank, which combine into a Genius City lifelong learning campus model with its own blockchain based sovereign fund, serving 6.1 million students and users across more than 100 countries.
Recent achievements and milestones include:
Two new investor presentations (Genius Group and Jewel Bank) were filed today on Form 6-K with the United States Securities and Exchange Commission and are available at ir.geniusgroup.net and sec.gov.
Compliance with NYSE Guidelines
As previously disclosed in its Annual Report on Form 20-F for the year ended December 31, 2025, which was filed on March 9, 2026 with the Securities and Exchange Commission, the audited financial statements contained an unqualified audit opinion from its independent registered public accounting firm that included an explanatory paragraph related to the Company's ability to continue as a going concern. See further discussion in the footnotes to the Company's financial statements included in the Company's Annual Report on Form 20-F. This announcement is being made to comply with the NYSE American LLC Company Guide Section 610(b), which requires public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 20-F for the year ended December 31, 2025.
The Company filed its Annual Report for the year ended December 31, 2025 on Form 20-F, with the SEC on March 9, 2026. A full copy is available at https://ir.geniusgroup.net/sec-filings/annual-reports. A hard copy of the Annual Report is available from the Company upon written request at investor@geniusgroup.ai.
About Genius Group
Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 6 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit geniusgroup.ai.
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 20-F, as may be supplemented or amended by the Company's Reports of a Foreign Private Issuer on Form 6-K. Consolidated financial statements as of December 31, 2025 were prepared on a going concern basis. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
Non-IFRS Financial Measure
We have included Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business.
We calculate Adjusted EBITDA as net profit / loss for the period plus income taxes and social contribution plus / minus finance revenue /expense result plus depreciation and amortization plus impairments plus revaluation adjustment of contingent liabilities plus share-based compensation expenses plus bad debt provision.
Contacts
For enquiries, contact investor@geniusgroup.ai
1 McKinsey & Company (Feb 2026, Citibank (Sept 2025)
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