ME News reports that on September 29 (UTC+8), AI intelligent layer Verona announced on X that its AI-powered stablecoin, verUSD, has secured over $100 million in institutional backing commitments from investors including Animoca Ventures, Figment Capital, Sfermion, Pentos Ventures, and ArkStream. The official statement notes that verUSD is natively minted on Ethereum, Solana, Polygon, Avalanche, Optimism, Arbitrum, Celo, and other chains via Brale, and can be redeemed through Verona. (Source: Foresight News)
Verona AI Stablecoin verUSD Secures Over $100 Million in Institutional Commitment
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Summary
Verona AI’s stablecoin, verUSD, has secured over $100 million in institutional commitments from Animoca Ventures, Figment Capital, Sfermion, Pentos Ventures, and ArkStream. Launched by AI layer Verona, the stablecoin supports native minting on Ethereum, Solana, Polygon, Avalanche, Optimism, Arbitrum, and Celo. On-chain data shows strong early adoption, with verUSD issued via Brale and redeemable through Verona. This development occurs amid a bullish market phase, with the Fear & Greed Index indicating rising institutional interest in AI-driven assets.
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