Catena Labs Secures $18M to Build First AI-Native Financial Institution
Exciting news! We have secured $18 million in funding, led by a16z crypto, to build the first AI-native financial institution.
The Dawn of the Agent Economy & Its Challenges
AI agents are rapidly becoming independent and powerful economic participants. However, today's legacy financial systems — characterized by slow transactions, high costs, rigid international workflows, and risk frameworks designed for humans, not AI — are fundamentally unprepared for this new reality.
Our Solution: An AI-Native Financial Institution
We’re addressing these critical challenges directly by creating an AI-native financial institution: purpose-built for AI agents and operated increasingly by AI digital workers alongside essential human collaborators who provide oversight, and underpinned by a commitment to pioneering AI-specific risk management and compliance.
The Role of AI-Native Money
While our agents can use traditional systems and financial rails, they gain superpowers with AI-native money – stablecoins. Regulated stablecoins (like USDC) enable the near-instant, low-cost, global transactions essential for AI. With AI-native money, agents can unlock new business models and greater prosperity for humans and businesses.
The Agent Commerce Kit (ACK)
Today we're also sharing the Agent Commerce Kit (ACK) — an open-source initiative identifying patterns and protocols for secure identity verification and compliant financial transactions between agents, humans, and businesses. Explore ACK here: https://lnkd.in/dqePFbUX
Our Team & Vision
Catena Labs was co-founded by CEO Sean Neville, previously co-founder of Circle and the originator of the USDC stablecoin. Our experienced team brings deep expertise across payments, fintech, AI, and regulated financial services. We're committed to building a transparent, collaborative financial infrastructure.
Join Us in Building the Future of Finance
We're actively seeking collaborators:
• Developers & Innovators: Let’s shape the future of agentic finance together.
• Businesses: Let's discuss how your AI agents can leverage advanced financial services.
• Talented Individuals: Passionate about the future of AI and finance? We're hiring!
Learn more and explore opportunities at https://catenalabs.com.
Thank you to all our investors and angels for their belief in our vision: a16z crypto, Breyer Capital, Circle Ventures, Coinbase Ventures, Pillar VC, CoinFund, and select elite angels!