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AEON raises $8 million led by YZi Labs to build settlement layer for AI agents

The Block
AEON secured $8 million to develop a financial settlement layer specifically designed to support autonomous AI agent-to-agent economic transactions.

Summary

AEON has raised $8 million in a pre-seed funding round led by YZi Labs, with participation from investors including IDG Capital and HashKey Capital. The company aims to build a specialized settlement layer to serve as the financial foundation for the emerging agentic economy, facilitating automated interactions between AI agents. AEON has already launched an AI payment product and partnered with BNB Chain to introduce the x402 Facilitator, enabling verifiable onchain transactions.

(Source:The Block)