Arcade acquires Smithery to control agent tool discovery and execution

The deal gives Arcade a popular MCP registry six weeks after its $60 million Series A, extending its reach from authorization into distribution.

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Primary source: Forbes

Why it matters

Arcade is using its new funding to combine MCP distribution with enterprise authorization. That can simplify procurement, while giving one vendor influence over tool ranking, approval and execution.

The acquisition and consolidation of control over software agent tool distribution and discovery. (photocopied zine page — high-contrast xerox grain, cut-and-paste layout, degraded second-generation copy.)

Arcade acquired Smithery on August 5th, giving co-founder and CEO Alex Salazar (@TheMostlyGreat) control of a widely used registry for Model Context Protocol tools as Arcade pushes deeper into the infrastructure enterprises use to deploy AI agents. Smithery co-founder Anirudh Kamath (@kamathematic) is joining Arcade under the deal, whose financial terms were not disclosed.…

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