X Pay completes 1000000 USD financing, plans to expand AI agents and API payment infrastructure
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X Pay announced financing 1000000 USD, to be used for chain expansion, security audits,API market, and EU compliance preparations.
Article
💰 Financing | X Pay financing 1000000 USD, expanding payment infrastructure for AI agents and API According to BlockBeats,October 22, Dutch payment infrastructure company X Pay announced the completion of 1000000 USD financing, with investors including DCI、Credit Scend、Skyland Ventures、Zerra Ventures、BigBull Capital、ERC20 Capital、EU Capital、Dubai Blockchain Lab and The Crypto Launchpad, among nine investors. The funds will be used to expand to more blockchain networks, conduct independent security audits, launch the API market, and advance EU compliance preparations. Based on the open standard x402, X Pay provides automated payments for AI agents and API, with settlement using USDC on Base. The company September 11 launched on Base mainnet and has settled more than 50000 verifiable on-chain payments.
Original link https://m.theblockbeats.info/flash/373237
Key points
01
BlockBeats said that October 22, Dutch payment infrastructure company X Pay announced the completion of 1000000 USD financing.
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The investors listed in the report were DCI、Credit Scend、Skyland Ventures、Zerra Ventures、BigBull Capital、ERC20 Capital、EU Capital、Dubai Blockchain Lab and The Crypto Launchpad.
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The funds will be used to expand to more blockchain networks, conduct independent security audits, and launch the API market, while advancing EU compliance preparations.
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X Pay is based on the open standard x402, providing automated payments for AI agents and API, with settlement using USDC。
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The report stated that X Pay September 11 launched on Base mainnet and has settled more than 50000 verifiable on-chain payments.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is financing news concerning a payment infrastructure project. X Pay says its service enables AI agents and API to complete payments automatically, using USDC on the Base network for settlement; the funds from this round are planned for network expansion, security audits,API market, and compliance preparations.
Why it matters to readers
If the relevant plans are implemented, X Pay's payment capabilities and coverage for AI agents and API may expand, and the use of USDC in this payment scenario may also increase. However, the original text does not provide data on actual adoption growth or market impact.
Beginners should focus on whether security audits,API market, and additional blockchain networks actually go live, as well as subsequent growth in the more-than 50000 payments, and should not assess project quality based solely on the financing news.
Risks and unknowns
The original text was relayed by BlockBeats and did not include financing announcements or investment documents from X Pay or the investors.
The financing terms, valuation, and contribution amounts of each investor were not disclosed.
More than 50000 payments: the statistical basis, applicable time period, and independent verification method were not explained.
The completion dates and actual results of the chain expansion, security audits,API market, and EU compliance preparations are unknown.
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Payment infrastructure
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