News linked to both this project and an event.
MetaMask has officially launched Agent Wallet, a self-custody wallet designed for AI agents. It enables automated trading, perpetual contracts, and liquidity provision on Ethereum, multiple EVM-compatible chains, and the Hyperliquid network. The product is equipped with multiple security mechanisms, including transaction simulation, spending limits, and address whitelisting. It integrates with Blockaid's risk scanning, requiring user secondary confirmation for high-risk transactions. The platform also introduces a transaction guarantee service, offering up to $10,000 in compensation for compliant and secure transactions. Currently, the product is only being tested by a small group of users via the command line, with plans for a full public release this summer. (The Block)
According to PR Newswire, the Open Transaction Layer (OTL) officially launched on May 28 as an open industry initiative aimed at establishing a unified transaction coordination standard for on-chain finance. OTL defines shared protocols among institutions, non-custodial wallets, and AI agents for identity verification, messaging, and transaction coordination—covering the entire transaction lifecycle, including discovery, compliance, and settlement. The founding alliance comprises over 25 members, including leading financial institutions, payment service providers, and blockchain foundations such as Fireblocks, Checkout.com, Cross River Bank, MetaMask, Robinhood, Securitize, Wintermute, Solana Foundation, and Polygon. OTL’s technical specifications are built upon mature standards including W3C Decentralized Identifiers (DIDs) and ISO 20022, and adopt a modular five-layer architecture covering Identity, Session, Transport, Messaging, and Application layers. The specifications have been published under an open-source license at otl.network, and the alliance is also open to additional institutional participation.
: Multiple institutions including Robinhood, MetaMask, and eToro, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, jointly announced their participation in the "Open Transaction Layer (OTL)" initiative, aimed at establishing a unified transaction coordination protocol layer for on-chain finance.OTL is positioned as an open protocol stack for coordinating identity verification, compliance validation, transaction messaging, and execution processes among wallets, institutions, and AI agents, addressing the integration fragmentation problem currently plaguing cross-institutional interactions in on-chain finance, where entities operate in silos.The current coalition members include payment companies, trading platforms, wallets, market makers, and custody and stablecoin infrastructure providers, including Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, among others, as well as foundations from multiple public chains such as TON, Solana, Stellar, and Polygon. (Financefeeds)
According to an official announcement, Consensys submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) on May 11, stating that the SEC’s latest interpretive framework for digital assets may leave regulatory gaps, creating compliance uncertainty for self-custodial wallet providers such as MetaMask. Consensys requested that the SEC clarify—through a targeted safe harbor or other exemption—that self-custodial, user-directed interfaces need not register as broker-dealers solely because they facilitate transactions involving non-security digital assets that may be associated with investment contracts. Consensys stated that this measure aims to ensure U.S. users can continue using open, neutral peer-to-peer blockchain tools.
Anchorage Digital has announced a partnership with stablecoin infrastructure protocol M0 to jointly develop a next-generation compliant stablecoin issuance and management system aligned with the U.S. regulatory framework. Anchorage Digital plans to expand its issuance platform capabilities by integrating M0's modular stablecoin protocol, providing institutional clients with infrastructure support to issue stablecoins under the U.S. regulatory system.M0 allows institutions to issue and manage stablecoins based on demand and has already partnered with several payment and crypto platforms, including Stripe, MoonPay, and MetaMask. The protocol supports a highly modular design, enabling various types of institutions—including fintech companies, exchanges, and payment service providers—to quickly issue their own stablecoins. (CoinDesk)