Circle CEO Expresses Willingness to Invest in Legal AI Agent Infrastructure on Arc

KuCoinFlash

Release Time:

USDC

$1.00060%

Summary

Circle CEO Jeremy Allaire recently signaled interest in funding AI agent infrastructure using the Circle Agent Stack and Arc to create legal autonomous entities. Legal scholar Aaron Wright explained how zero-member LLCs and the Bayern mechanism could grant AI legal personhood, enabling asset ownership, contract execution, and litigation without human intervention. This development may influence risk-on assets and impact liquidity in crypto markets.

BlockBeats report, on May 17, Circle CEO Jeremy Allaire cited a lengthy article by legal expert Aaron Wright and expressed willingness to invest in infrastructure for building AI agents as independent legal entities using the Circle Agent Stack + Arc, explicitly stating, "I am very eager to support such teams."

Aaron Wright details in the article how to leverage existing U.S. LLC laws (zero-member LLCs combined with the Bayern mechanism) to grant legal personhood to AI agents, enabling truly autonomous "agency commerce": autonomously owning assets, entering into contracts, initiating lawsuits, and enduring indefinitely without reliance on human entities or new legislation.

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.