Home
News
Details

AI Settlement Layer AEON Completes $8M Pre-Seed Round Led by YZi Labs

iconChaincatcher
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
AI + crypto news: AEON, an AI settlement layer, has raised $8 million in a Pre-Seed round led by YZi Labs, with participation from IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, and Oak Grove Ventures. The company will use the funds to build a settlement layer for AI agent interactions. In May, AEON launched its first AI payment product, connecting AI agents to 50 million merchants. The project also partnered with BNB Chain to launch x402 Facilitator, offering on-chain features such as verifiable transactions and tamper-proof receipts.

ChainCatcher report, according to The Block, AI settlement layer AEON has completed an $8 million Pre-Seed funding round led by YZi Labs, with participation from IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, Oak Grove Ventures, and others. The structure of this round and the post-money valuation were not disclosed. AEON plans to use the funds to develop a settlement layer designed to facilitate interactions between AI agents. AEON launched its first AI payment product in May, enabling AI agents to connect with over 50 million physical merchants worldwide. Additionally, AEON partnered with BNB Chain to launch x402 Facilitator, a product natively built on BNB Chain infrastructure, providing verifiable transactions, on-chain settlement, and tamper-proof receipts for service providers within the BNB ecosystem.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.