AI-powered agent settlement layer AEON completes $8 million pre-seed funding round, led by YZi Labs.

CoinFeed reported on May 18th that, according to The Block, AEON, a company focused on settlement layers for the "agentic economy," has completed an $8 million pre-seed funding round. The round was led by YZi Labs, with participation from IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, and Oak Grove Ventures. Specific valuation and round structure were not disclosed. AEON stated that it will use this funding to build a settlement infrastructure supporting value exchange between AI agents and launched its first AI payment product in May, supporting AI agents connecting over 50 million physical merchants globally.