We discuss why the ecosystem nearly doubled in size, where venture capital is flowing, and which categories are emerging as the biggest winners.

We also dive into one of the biggest announcements of the week: Adyen launching Agentic, a new orchestration layer that aims to connect merchants to AI commerce platforms through a single integration. Can Adyen challenge Stripe and become the operating system for agentic commerce?

We also unpack the growing importance of "Know Your Agent" infrastructure, the rise of AI agent security startups, and why investors are pouring money into companies focused on trust, identity, governance, and fraud prevention.

Topics covered:

• Why CB Insights expanded its Agentic Commerce Market Map from 90 to 170 companies

• Adyen's new Agentic Commerce platform and what it means for Stripe