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Crossmint acquires Cycle AI

This is one of several steps Crossmint is taking to enhance the platform with AI capabilities and serve clients building at the intersection of crypto and AI.

Crossmint acquires Cycle AI

Crossmint is excited to announce the acquisition of AI user-research startup Cycle, and part of its founding team.

Crossmint is the leading platform for companies building onchain, powering 30,000+ enterprises and developers, including major Fortune 500 brands and crypto native start-ups like Mastercard, Red Bull, Phantom, and Coinbase. 

Crossmint’s suite of asset tokenization, wallet, identity, and payment tools allows companies to build scalable and easy to use onchain products in hours, consolidating all their needs into a single enterprise-grade platform, instead of requiring orchestrating many vendors and saving them months and millions in development costs.

An increasing number of our clients are working at the intersection of crypto and AI. Autonomous agents already account for a significant share of onchain transactions, and generative AI is making it harder to distinguish what’s real vs what’s not, driving demand for cryptography tools for verification and authenticity from publishers, brands, and consumers. 

Today, we are acquiring Cycle AI, a start-up offering AI-powered user research tools. The acquisition of Cycle’s tech and team is one of several steps we are taking to enhance Crossmint’s platform with AI capabilities, and to better serve clients building crypto-based AI applications.

Crossmint will be acquiring Cycle’s tech and tools, and co-founder and CEO Conor Plunkett will be joining the team to help accelerate these efforts.

If you are interested in learning more, reach out!