Everspin Technologies signed a four-party memorandum of understanding. The partners are Japan's SBI Holdings, KB Kookmin Card, and SBI Everspin. This agreement establishes collaboration on AI agent security and digital payment services between South Korea and Japan. The partnership aims to create a secure framework for verifying AI agent identities and delegated authority.

The collaboration will test AI agent identity verification technology based on the KYA (Know Your Agent) Trust Gateway. The companies will also explore commercial potential for cross-border digital payment services, including stablecoins. Everspin noted growing concern over AI-based cyberattacks. The company boasts experience detecting billions of cyber threats in financial service environments.