AI encrypted payment network Skyfire receives strategic investment from a16z, CSX and Coinbase Ventures

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On October 24, Skyfire, an AI agent-based crypto payment network founded by former Ripple executives, received strategic investment from Coinbase Ventures and the a16z Crypto Startup Accelerator (CSX), increasing its seed round funding from the previous $85 million to $95 million.

Skyfire is currently building infrastructure to enable AI agents to make autonomous payments, avoiding human intermediaries.

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