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Former NFL striker Tom Brady invested in the Caten LabStartup focused on artificial intelligence (AI) and finance.
According to Report of Front Office Sports 25. MayThe company is based in Boston and is Working on the construction of a financial platform for AI systems.
His goal is Create a system in which software agents can make financial transactions on behalf of people and companies. This idea, known as an agent trade, focuses on AI tools that pay or buy without human help.
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Caten Labs faced Sean Neville, who had previously helped in USDC development
USDC
0,9928 USD
Stablecoin in a circle.
Startup recently announced that he has raised $ 18 million funding. The circle was led by the Crypto Division Andreessen Horowitz, A16zcrypto. Other investors involved the circles of ventures, Coinbase
1.13b USD
Ventures, Stanford Engineering Venture Fund and Breyer Capital.
According to NevilleCaten Labs wants to build a financial institution that works with the AI tool. These tools would help companies and consumers make safe and effective transactions. The Catena Labs system is It is expected to support regulated stables, such as USDC, and more traditional payments.
In addition, Caten presented a software tool called the Agent Commerce Kit. This open code product is designed to help AI agents to prove who they are and complete transactions without the need for human involvements.
Meanwhile, Méliuz, a financial technology company based in Brazil, recently became the first company publicly listed in the country to adopt Bitcoin. What did Executive Director of Israel Salmen say about the decision? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
