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Crypto

Evernorth considers AI for XRP treasury, says it would cut 24-hour market risk

Evernorth is considering applying artificial intelligence to its XRP treasury operations to enhance risk management, The Crypto Basic reported. CEO Ashish Birla said treasury teams prioritise stability over innovation and warned about risks from uncontrolled autonomous AI. Birla also said the speed of crypto transactions can amplify mistakes by reducing time to reverse errors. T54 Labs co-founder Chandler Pang argued for cautious adoption, saying AI tools are advancing and may reduce risk.

Crypto

t54 Labs raises $5 million seed funding for AI agent trust infrastructure; Ripple joins

San Francisco-based t54 Labs has raised $5 million in seed funding to develop financial trust infrastructure for autonomous AI agents, The Block reported. The round was co-led by Anagram, PL Capital and Franklin Templeton, with participation from Ripple, Virtuals Ventures, Blockchain Coinvestors and ABCDE. Founded in January 2025, the company develops identity, verification and compliance tools for agents that transact independently. Its platform runs across multiple blockchain networks.