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AEON Raises $8 Million and Deploys x402 Payments on BNB Chain

The company pitches a way for AI agents to pay merchants with verifiable on-chain receipts.

Overview

  • AEON closed an $8 million pre-seed round led by YZi Labs, with IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund and Oak Grove Ventures participating.
  • The startup has deployed its x402 Facilitator on BNB Chain to settle agent-to-merchant payments on-chain and produce tamper-proof receipts.
  • x402 revives the web’s dormant “402 Payment Required” response as a payment step so an AI agent can get a pay request, send stablecoins and unlock access without a human.
  • AEON says its product connects AI agents to more than 50 million physical merchants through payments partners and currently serves over 2 million users handling about 30 million transactions per month.
  • Each payment logs the agent’s ERC-8004 identity on-chain for audit, and the new capital will fund work on settlement rails, agent identity features and fiat payout options.