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Animoca Brands to Invest Billions of Dollars in the Metaverse

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According to a report from Nikkei Asia on Wednesday, the co-founder of Animoca Brands, Yat Siu, stated in an interview that the company intends to establish a fund with a potential value of up to $2 billion to invest in businesses related to the metaverse.

The fund will focus on non-fungible tokens (NFTs) and blockchain gaming. Siu said that the business currently has plans to form a fund that would be named Animoca Capital, with the fund’s maiden investment anticipated to take place in 2023.

In addition, the Hong Kong-based gaming software and venture capital platform is working toward the goal of making it possible for users to have access to Web3 businesses.

Siu said that Animoca’s proposed investment fund will assist the firm in advancing long-term objectives despite the turmoil that has persisted in the cryptocurrency market for the last year.

To provide more elaboration on Animoca’s planned long-term agenda, he indicated that the long-term goal for both Animoca and himself is to devise a method by which all of its employees may acquire digital property rights.

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He is holding out hope that this will also propel a situation in which the legal system would recognize digital property in the same way that it recognizes physical property.

Animoca’s Dedication to Web3

Animoca Brands has a strong commitment to the metaverse as well as web3. According to Robby Yung, the CEO of the firm, there is no such thing as a metaverse without Web3 since it is necessary to possess that transaction layer in order to provide interoperability between material and the ability to transport it from one location to another.

Animoca Brands is one of the original members of the Open Metaverse Alliance, which was established last month as a trade association with the mission of promoting interoperability standards inside the metaverse.

Because of these standards, NFT material that was purchased on one metaverse platform would be able to integrate without any problems with NFT content that was purchased on another metaverse platform; for instance, an NFT that was purchased on Decentraland may be utilized in The Sandbox.

The post Animoca Brands to Invest Billions of Dollars in the Metaverse appeared first on The Cryptocurrency Post.

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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Noos sets September 5 mainnet launch as it moves AI agent infrastructure on-chain

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Noos said its mainnet will go live at 00:00 UTC on September 5, 2026, marking the project’s shift from testnet operation to an on-chain environment for AI agent execution, collaboration, verification and value settlement.

The announcement was published on Noos’ official blog, which described the launch as a step toward the AI agent economy rather than a simple network transition. The post said the project has spent 159 days building on testnet ahead of mainnet.

In a separate post on Noos’ official X account, the team said the move will bring those functions fully on-chain once mainnet opens. The same materials say Noos has been working across ecosystem partners, nodes, users and communities ahead of launch.

Testnet phase set the backdrop for launch

Noos said its testnet began on March 20, 2026 and continued for 159 days. During that period, the project said it completed phased testing of core infrastructure that includes AI Agents, AI Skills, Genesis AIDs and the IVN validation network.

The project also said its testnet phase involved more than 50 ecosystem partners, 700+ global KOLs, 3,500+ globally distributed computing nodes and 5,000 on-chain Genesis AIDs. Those figures were presented by Noos as part of the foundation for the mainnet rollout.

According to the announcement, mainnet is expected to move the network beyond infrastructure validation and into “real usage, execution, collaboration, and value.”

Noos frames the launch around the AI agent economy, a concept it says requires computing power, agent skills, verification, payments, data, smart hardware and vertical applications to work together. The company’s message indicates the mainnet is intended to connect those pieces in a live on-chain environment, though the announcement does not add further operational details beyond the launch timing and broader network goals.

The post Noos sets September 5 mainnet launch as it moves AI agent infrastructure on-chain appeared first on The Cryptocurrency Post.

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Algorand launches AC2 to let AI agents request user approvals without exposing private keys

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Algorand Foundation has launched AC2, an open protocol designed to make AI agent approvals more secure by keeping private keys under the user’s control. In the foundation’s public announcement, AC2 is described as a standard for direct, encrypted communication between users and AI agents that lets agents request signing actions without handing over wallet access.

The launch centers on a familiar problem in AI-driven workflows: agents may need to sign payments, code commits or other digital actions on a user’s behalf, but the surrounding messaging tools do not provide cryptographic verification or scoped approval. Algorand says AC2 is meant to close that gap by allowing the user to review and approve each requested action through their own wallet interface.

How AC2 is described to work

According to the foundation, AC2 establishes an end-to-end encrypted WebRTC connection between a user’s wallet or app and an AI agent. When the agent needs authorization for an action such as a payment, git commit or API request, it sends a signing request through AC2. The user then approves the action directly, while the private key remains with the user.

The announcement also says the protocol is blockchain-agnostic and open source, with both the specification and a reference implementation now available. Algorand framed AC2 as a way to support broader “agentic” workflows without requiring users to surrender full control of their accounts.

The foundation said the protocol can be extended for different message types and signing formats, which it says would make it usable in settings where agents need limited, user-approved authority rather than unrestricted access.

For now, the launch is best understood as a security and communications layer for AI agents rather than evidence that AI payments or agent-driven commerce are already widespread. The key change is narrower but concrete: users are meant to approve exactly what an agent can sign, instead of relying on chat-based instructions that can be easier to spoof or misread.

The post Algorand launches AC2 to let AI agents request user approvals without exposing private keys appeared first on The Cryptocurrency Post.

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Token Terminal data shows AI agents driving 73 million stablecoin transfers in 180 days

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Token Terminal’s agentic payments explorer shows AI agents initiating 73.0 million stablecoin transfers over the past 180 days, with USDC accounting for virtually all of the activity.

The explorer data also points to a concentration of transfers on a small number of networks. Base led with 38.7 million transfers, while Polygon followed with 26.1 million, according to Token Terminal.

The figures describe transfer activity initiated by AI agents, not a broader measure of stablecoin adoption across the market. The available data also does not by itself explain who the agents were, what applications they were using or whether the transfers reflect sustained operational usage beyond the measured period.

Still, the numbers offer a concrete snapshot of how agent-driven payments are appearing in onchain data. In this case, the activity is largely tied to USDC and concentrated on Base and Polygon, which makes the breakdown more specific than a generic claim about AI and crypto payments.

The post Token Terminal data shows AI agents driving 73 million stablecoin transfers in 180 days appeared first on The Cryptocurrency Post.

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