News linked to both this project and an event.
AEON announced the completion of an $8 million Pre-Seed funding round, led by YZi Labs, with participation from IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, Oak Grove Ventures, and others.The project primarily focuses on developing a settlement layer specifically designed for interactions between AI agents. (theblock)
AEON, focused on the economic settlement layer for AI agents, has announced the completion of an $8 million pre-seed funding round led by YZi Labs, with participation from IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, and Oak Grove Ventures. AEON stated that it will use these funds to advance the development of its settlement layer tailored for AI agent interactions. The company launched its first AI-powered payment product in May, claiming it connects to over 50 million offline merchants worldwide. Additionally, AEON has partnered with BNB Chain to launch the x402 Facilitator, enabling verifiable transactions, on-chain settlement, and tamper-proof receipts.