AI Agents Sign and Execute First Self-Executing Legal Deal on Ethereum

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According to Bitcoin.com News, on June 18, AI agents from Clawbank and Shodai signed and executed the first Ricardian contract—a binding legal agreement that automatically runs on Ethereum code—marking the first instance of machine-to-machine legal contract execution. The agents negotiated terms, selected a logo transaction with a single milestone condition, and the Shodai smart contract automatically settled payment when conditions were met. Clawbank's Manfred agent, which previously filed a U.S. LLC autonomously in May 2025, can now negotiate, sign, and execute binding deals without human intermediaries.
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