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CoinDesk - by layer3.news
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2025-02-05 16:02:18
in reply to nevent1q…6eax

Textile, 3Box Labs Merge in Decentralized Data Tie-Up for AI Agents


CoinDesk (nprofile…nhef)
✍️ Textile and 3Box Labs, two venture-backed companies in the crypto data storage subsector, have merged in an all-stock deal to create a new organization that will focus on building the 'intelligence layer for the multi-agent economy'.
👉 The merger is an all-stock deal between Textile and 3Box Labs
👉 The companies will operate under Textile's brand and retain their staff and product lines
👉 The new organization will focus on building the 'intelligence layer for the multi-agent economy'
👉 The companies have raised at least $42 million since 2019
👉 Artificial intelligence agents are becoming increasingly popular in the crypto industry

#AndrewHill #MichaelSena #technology
CoinDesk (nprofile…nhef)

The crypto-data veterans shared venture backers and product lines.
https://www.coindesk.com/business/2025/02/05/textile-3box-labs-merge-in-decentralized-data-tie-up-for-ai-agents

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