PANews reported on February 26th that, according to The Block , San Francisco-based AI agent trust infrastructure startup t54 Labs has completed a $5 million seed funding round, co-led by Anagram , PL Capital , and Franklin Templeton, with participation from Ripple , Virtuals Ventures , Blockchain Coinvestors , and ABCDE. Founded in January 2025 , t54 Labs focuses on providing AI agents capable of autonomously initiating payments and transactions with integrated tools for identity verification (“ Know Your Agent ” ), real-time risk control, credit limits, and settlement. It utilizes blockchain as a programmable and auditable settlement and accountability layer, and is currently available on networks such as XRP Ledger , Solana , and Base. It is also developing an open-source trust layer for the x402 payment protocol incubated by Coinbase , and recently partnered with Evernorth, a digital asset treasury company supported by Ripple.