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Atum raises $13.5M and launches open payments network

  • The $13.5M round was backed by Variant, PayPal Ventures and Abstract Ventures
  • Atum issues no token, runs no blockchain and holds no client funds
  • The network supports stablecoin payments and agentic protocols x402 and MPP
  • CEO Pete Cooling previously led Visa's crypto product team
Why it matters: A Visa crypto veteran backed by PayPal Ventures intensifies competition in stablecoin payment infrastructure for AI agents.
Source: ChainCatcher 链捕手