TechFlow News, May 18: AEON—a project focused on the settlement layer for the AI Agent economy—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 it will use these funds to advance development of its settlement layer tailored for AI Agent interactions. The company launched its first AI 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.
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