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10/26/2024 1:24:36 PM (GMT+1)

Skyfire attracts $9.5 million from Coinbase Ventures and a16z Crypto to develop infrastructure for autonomous payments involving AI agents based on USDC and Ethereum integration 🚀

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The Skyfire platform, founded by former Ripple developers, has raised $9.5 million in a seed round led by Coinbase Ventures and the accelerator a16z Crypto.

Skyfire is building a payment infrastructure for AI agents—autonomous programs capable of independently conducting transactions using USDC or banking systems. This solution is in demand in sectors such as finance and online commerce.

The company has also integrated with Base, Coinbase's Layer 2 Ethereum blockchain, providing cost-effective payments for AI agents.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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