t54 raises $5M from Ripple and Franklin Templeton for AI agent trust infrastructure
- —The $5 million seed round was co-led by Ripple and Franklin Templeton
- —t54 shipped the XRPL x402 Facilitator, AI agent infrastructure for the XRP Ledger
- —Its Trustline platform scores transaction risk before AI agents execute payments
- —Founder Chandler Pang spent four years leading cross-border payments at Ripple
Why it matters: Ripple's bet on AI agent payments could expand real usage of the XRP Ledger and support demand for XRP.
Source: Bloomingbit