Catena Labs, a new company established by Circle, has completed a seed round financing of $18 million, led by a16z Crypto

Foresight News reported that Catena Labs, an AI native bank founded by Circle co-founder Sean Neville, has raised $18 million in seed funding, led by Andreessen Horowitz's cryptocurrency division, with participation from Breyer Capital, Circle Ventures, Coinbase Ventures, and football legend Tom Brady, according to Fortune magazine. Sean Neville left the Circle board in early 2020 and currently serves as a director.