| Mobile Web

All articles List

Crypto

AEON raises $8 million in pre-seed round for AI agent payment settlement layer

AEON, a startup building a settlement layer dedicated to AI agents, raised $8 million in a pre-seed round led by YZi Labs, an affiliate of Binance. The Block reported that IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund and Oak Grove Ventures also participated. The round structure and company valuation were not disclosed. AEON said it will use the funds to develop a settlement layer that supports interactions among AI agents.

Crypto

Zerohash seeks new funding at higher valuation after Mastercard investment collapses

Mastercard has withdrawn plans to invest in cryptocurrency infrastructure company Zerohash. A recent CoinDesk report said Mastercard’s $1.8 billion acquisition of UK stablecoin infrastructure company BVNK appeared to have influenced the decision. Mastercard had been considering a strategic investment even after Zerohash signaled it would go its own way in January. Zerohash is now pushing a new funding round at a higher valuation than before.

Crypto

Wall Street adopts blockchain to remove collaboration bottlenecks, not decentralisation - a16z Crypto

Guy, a general partner at a16z Crypto, said Wall Street and governments are increasingly embracing the term “digital assets” as a signal of digital transformation akin to companies moving to cloud services. He wrote that the financial industry may look digitised but still runs on fragmented systems and an outdated structure reliant on manual reconciliation and paper-based processes. He said large financial institutions adopt blockchain to ease trust and collaboration bottlenecks rather than pursue crypto ideology.