Catena Labs raises $18M in seed round for AI-native bank

Catena Labs, founded by Circle co-founder Sean Neville, raised $18 million in a seed round led by Andreessen Horowitz's crypto arm. According to Fortune Crypto, other investors include Breyer Capital, Circle Ventures and Coinbase Ventures. The startup plans to build an AI-native bank, aiming to revolutionize financial systems with AI-powered payments and identity solutions.