According to The Block, San Francisco-based AI agent company t54 Labs has completed a $5 million seed round led by Anagram and PL Capital, alongside Franklin Templeton, with participation from Ripple, Virtuals Ventures, Blockchain Coinvestors, and ABCDE. Founded in January 2025, the company is building identity, verification, and compliance tools for AI agents capable of autonomously trading on behalf of individuals and enterprises. The t54 Labs platform consists of four core components: identity verification, real-time risk systems, credit services, and an integrated management system. The platform is currently live on multiple blockchain networks, including the XRP Ledger, Solana, and Base, and has developed the open-source trust layer x402-secure, built for the x402 agent payment protocol incubated by Coinbase. Last month, t54 also announced a partnership with Evernorth, a digital asset treasury company backed by Ripple.
AI Agent Firm t54 Labs Secures $5M in Seed Funding with Ripple and Franklin Templeton
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Summary
AI and crypto news broke as t54 Labs, a San Francisco-based AI agent company, secured $5 million in seed funding led by Anagram, PL Capital, and Franklin Templeton, with Ripple and others participating. Founded in January 2025, the company is building identity, verification, and compliance tools for AI agents to enable autonomous trading. The platform features identity verification, real-time risk systems, credit services, and a management system. It operates on the XRP Ledger, Solana, and Base, and includes an open-source trust layer for Coinbase’s x402 protocol. The funding announcement highlights t54’s recent partnership with Evernorth, a treasury firm backed by Ripple.
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