Catena Labs lands $30 million Series A, files for national trust bank charter to underpin agentic finance
Summary
Catena Labs, co-founded by Sean Neville, has secured $30 million in a Series A funding round co-led by a16z crypto. The startup is developing a governance layer and regulated financial infrastructure to support autonomous AI agents, allowing humans to set secure spending and operational limits. Additionally, the company has filed for a National Trust Bank charter with the OCC to serve as a compliant fiduciary for AI-driven financial activities.
(Source:The Block)