Kite joins StraitsX and Avalanche in MAS Project Bloom to build programmable payment rails for autonomous agents.
AI & Agents ·
Kite has joined StraitsX and Avalanche in MAS Project Bloom, an initiative focused on building programmable payment infrastructure designed to support autonomous agents. The partnership leverages Avalanche's Layer-1 blockchain architecture, which enables customizable, application-specific blockchains within a single interoperable ecosystem. StraitsX, operating under the Monetary Authority of Singapore framework, brings regulatory and settlement capabilities to the effort.
Project Bloom aims to create payment rails that can execute transactions autonomously, combining Avalanche's sub-second finality and EVM compatibility with programmable logic suited to agent-based workflows. The mechanics remain partially undisclosed, though the collaboration signals intent to merge institutional-grade settlement infrastructure with emerging autonomous agent infrastructure on a high-throughput blockchain.
Key details about the specific technical scope, timeline, and commercial structure of the partnership have not yet been disclosed. The extent to which each party contributes distinct components—whether Kite provides agent frameworks, StraitsX handles regulatory rails, or Avalanche supplies the underlying chain—remains unclear.