Animoca Brands backs stablecoin payments firm AllScale with strategic investment

Animoca Brands has made a strategic investment in stablecoin payment infrastructure provider AllScale and has agreed to explore joint payment and AI commerce initiatives across its ecosystem.

Animoca Brands announced on X that it has invested in AllScale, although neither company disclosed the size of the funding.

Both companies said they will explore payment infrastructure opportunities across the Animoca Brands ecosystem, including global payment, settlement, and treasury services, while expanding work on agentic commerce.

In its official announcement, AllScale said the investment will support its stablecoin-based payment infrastructure, which connects traditional finance with on-chain transactions through a single payment stack. The platform supports checkout, payroll, invoicing, and pay-in and pay-out services, allowing businesses to send and receive stablecoin payments across borders while settling in their preferred fiat currency.

Its infrastructure automatically bridges and swaps assets across blockchains so merchants can accept payments regardless of the blockchain network or token used by customers. The platform also includes transaction screening, on-chain privacy features, and self-custodial settlement with low transaction costs.

Partnership extends to AI payments

Animoca Brands and AllScale also plan to explore agentic payments, which allow AI agents to complete transactions within predefined limits by using regulated stablecoins as the settlement layer. 

AllScale said it has been developing capabilities for agentic payments, while Animoca Brands cited its experience across Web3, AI ecosystems, and regulated financial infrastructure as support for future deployments.

“We firmly believe that regulated stablecoins are the ideal bridge between traditional and on chain financial systems, and are perfectly positioned to serve as core payment rails for emerging agentic commerce,” said Yat Siu, co-founder and executive chairman of Animoca Brands. 

He added that the company looks forward to exploring how AllScale’s payment infrastructure could be used across its ecosystem.

Meanwhile, Animoca Brands has continued to expand its involvement in regulated stablecoin infrastructure. 

In April, Anchorpoint Financial Technology, a joint venture backed by Standard Chartered Bank Hong Kong, HKT, and Animoca Brands, received a stablecoin issuer licence from the Hong Kong Monetary Authority to launch the Hong Kong dollar-backed stablecoin HKDAP. 

At the time, Animoca Brands group president Evan Auyang described regulated stablecoins as core financial infrastructure that could support cross-border trade, digital payments, and continuous financial settlement.