AI payment protocol PAN Network has successfully raised $1 million in a KOL financing round. The funding will see BlockFocus, formerly known as Aster advisors, join as strategic investment advisors. This follows a previous $3.2 million seed round with backing from Whitewaters, Hadeslabs, and HGE. PAN Network is developing an on-chain AI payment protocol aimed at facilitating automated, real-time value settlements between AI agents. The protocol incorporates the A2A payment model, x402 payment protocol, and ERC-8004 trust standard, targeting large-scale, verifiable machine-to-machine transactions without human intervention. The project aims to establish a universal payment infrastructure for autonomous AI economies.