Catena Labs has successfully raised $18 million in seed funding, led by Andreessen Horowitz, to create an AI-native banking platform.
Co-founded by Sean Neville from Circle, the startup aims to enhance financial infrastructure with AI-driven services, although it currently has no plans for cryptocurrency issuance.
This funding demonstrates a significant shift toward integrating AI and Web3 technologies in the financial sector, reflecting the evolving landscape of digital banking.
Industry experts see Catena Labs as a key player in the integration of AI with finance, potentially influencing future regulatory frameworks.
Full story here: https://coincu.com/338780-catena-labs-raises-18m-ai-bank
