Circle · Andreessen Horowitz · Coinbase · The Block
Coinbase launched the first wallet purpose-built for autonomous AI agents in February, The Block reported
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Deloitte has also forecast that AI and stablecoins will reshape financial services by 2030.
Key facts
- Catena Labs, the agentic finance startup co-founded by Circle co-founder Sean Neville, has raised $30 million in a Series A round co-led by a16z crypto to build banking infrastructure compatible
- A16z crypto co-led the $30 million round, with the firm's Chris Dixon and Elizabeth Harkavy writing that Catena is building "a new category of regulated financial infrastructure purpose-built
- Deloitte has also forecast that AI and stablecoins will reshape financial services by 2030
- The company has been accepted for filing a National Trust Bank charter with the OCC
Summary
Catena Labs, the agentic finance startup co-founded by Circle co-founder Sean Neville, has raised $30 million in a Series A round co-led by a16z crypto to build banking infrastructure compatible with artificial intelligence agents. A16z crypto co-led the $30 million round, with the firm's Chris Dixon and Elizabeth Harkavy writing that Catena is building "a new category of regulated financial infrastructure purpose-built for autonomous software. Catena builds the governance layer for AI agent transactions, tools that let humans set spending limits, define approved recipients, cap account holdings, and establish audit trails before handing financial execution off to agents. The company has been accepted for filing a National Trust Bank charter with the OCC. A16z wrote that agents need "bank accounts and payment rails they can access programmatically, along with clear rules and controls that keep humans in charge.