BlockBeats News, May 20th, AI financial infrastructure company Catena Labs, founded by Circle co-founder Sean Neville, has completed a $30 million Series A funding round. The round was led by Acrew Capital and a16z crypto, with participation from Breyer Capital, General Catalyst, and QED.

Catena Labs focuses on developing tools that support AI agents in securely conducting financial transactions. The company has applied for a national trust bank charter with the Office of the Comptroller of the Currency in New York to obtain regulatory approval to process payments and custody customer funds. Previously, the company raised $18 million in initial funding led by a16z crypto in 2025.