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AI-native bank Catena Labs completes $30 million Series A funding and applies for a U.S. trust bank license
Catena Labs is providing tools for AI agents to securely execute financial transactions and has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank license in New York to handle payments and custody of client funds.
Currently, the platform is open by invitation only, supporting risk control rules such as setting consumption limits for AI agents, scope of payees, and account fund caps.
Neville stated that the company is still expanding its human team.