Catena Labs, a financial platform for agents led by Circle co-founder Sean Neville, has raised $30 million from investors including Acrew Capital and a16z crypto, according to The Block.
As reported by Naga Avan-Nomayo for the outlet:
"Catena builds the governance layer for AI agent transactions — tools that let humans set spending limits, define approved recipients, cap account holdings, and establish audit trails before handing financial execution off to agents."
The startup reportedly has been cleared to file an application for a National Trust Bank charter with the U.S. Officer of the Comptroller of the Currency. The firm aims to become a regulated fiduciary for AI agents, the article stated.