The encrypted data company Textile has announced a merger with 3Box Labs to布局 AI agent business

ChainCatcher news, according to CoinDesk, two companies in the field of encrypted data storage, Textile and 3Box Labs, have announced a full stock merger agreement. The merged company will retain the Textile brand and will be led by current CEO Andrew Hill.

3Box Labs co-founder Michael Sena stated that the two companies previously had overlapping products and will work together to build blockchain data infrastructure in the future. The new company plans to create a "smart layer for the multi-agent economy," providing data storage, access, and verification services for AI agents. Hill emphasized that blockchain provides a natural platform for AI agent operations, enabling data interaction and alpha trading between agents.