AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Textile & 3Box Merge: Blockchain's New AI Agent Economy
Generated by AI AgentCoin World
Wednesday, Feb 5, 2025 7:41 pm ET1min read
The encrypted data company Textile has announced a merger with 3Box Labs, expanding into the AI agent business. The combined entity will retain the Textile brand and be led by current CEO Andrew Hill. The two companies, which previously received investments from institutions such as USV, CoinFund, and Multicoin, totaling over $42 million, had product overlaps and will now jointly build blockchain data infrastructure.
The new company plans to create a "multi-agent economy smart layer" to provide data storage, access, and verification services to AI agents. Hill emphasized that blockchain provides a natural platform for AI agent operations, enabling data interaction between agents and alpha transactions.
The merger comes as the crypto industry continues to evolve, with projects like Solana's on-chain AI social project $SSE breaking market caps and attracting attention. Meanwhile, the SEC has announced the top ten priorities of its crypto working group, highlighting the growing regulatory focus on the sector.
Coin World
Quickly understand the history and background of various well-known coins
Latest Articles
XRP News Today: Vanguard Shifts Stance on Crypto ETFs, Citing Matured Markets and Demand
Dec.02 2025
Alphabet's AI Ecosystem Fuels Flywheel Growth, Propelling Stock 68% in 2025
Dec.02 2025
Striking Baristas Secure $38.9M in Restitution, But Contract Battles Brew On
Dec.02 2025
Bitcoin News Today: Bitcoin's RSI Signals Cyclical Reset as Market Waits for Fed's Decisive Move
Dec.02 2025
Corporate Strategies Test Balance Between Growth and Sustainability
Dec.02 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet