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Animoca Backs AllScale for Stablecoin and AI Agent Payments
Animoca Brands invested an undisclosed amount in stablecoin platform AllScale for autonomous agent payments. Gives AllScale access to 600 portfolio firms.
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Animoca Brands has invested an undisclosed amount in AllScale, a stablecoin payment platform, the companies said Monday. The partnership targets two areas: building payment infrastructure for Animoca's portfolio of over 600 Web3 and gaming companies, and developing systems that let software agents handle transactions autonomously.
The platform connects traditional banking rails with blockchain settlement. Merchants accept digital currencies, and settlements are converted into fiat. The platform handles checkout, payroll, billing, and cross-border transfers. It bridges assets across blockchains so end users do not need to hold specific tokens. Compliance screening and direct settlement to user-controlled wallets are built in. Privacy controls are also included.
The service has two tiers. Smaller companies and automated systems can use a non-custodial option where they maintain full control of their funds. Enterprise clients get a custodial version with identity verification and compliance processes.