A new identity layer for autonomous software aims to stop unauthorized payments and data leaks by confirming the authorization of digital assistants before they execute transactions. This system, known as Agentic Identity, allows developers to integrate verification checks, access a Trusted Registry of verified agents and businesses, and use MCP integrations to secure agentic products. Baselayer secured $35 million in a Series A funding round led by M13 and including Picus Capital, Torch, Afore VC, Sequel and Koro Capital.

The venture addresses a gap in commerce where current fraud systems are designed for humans rather than autonomous agents, which are forecast to drive a market exceeding $53 billion by 2030. In June, Stripe found that AI agents accounted for 70% of API commands used to access data, and Shopify has enabled agentic sales channels for about 1 million merchants by default. In response to the trend, Visa, Mastercard and American Express each launched agent commerce protocols within the last year.