Catena Labs Completes $18 Million Seed Round, Led by a16z Crypto
2025-05-20 11:09
Odaily News AI native financial startup Catena Labs announced the completion of a $18 million seed round of financing, led by a16z crypto, with participation from Breyer Capital, Circle Ventures, Coinbase Ventures and Tom Brady. Catena Labs was founded by Circle co-founder Sean Neville and is committed to building an "AI native bank" with AI agents at its core. It has developed open source protocols that support AI payment and identity systems. The company has not yet announced its valuation and has no plans to launch cryptocurrencies or stablecoins in the short term. (Fortune)
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