Kite AI Secures Strategic Financing on October 27, 2025

According to relevant media reports, Kite AI secured strategic financing on October 27, 2025. The investor for this round was Coinbase Ventures. Following this financing, Kite AI's total cumulative funding reached USD 33 million.Kite AI is building the foundational transaction layer for agent-based internet infrastructure. The project provides core functionalities such as real-time payments, programmable governance, cryptographic identity, and verifiable attribution for AI agents, enabling them to operate securely and independently while aligning with human intentions. Kite AI has developed its infrastructure for a global interoperable AI service network based on a blockchain specifically designed for AI.As an innovative project at the intersection of AI and blockchain, Kite AI addresses the gap in on-chain transactions and coordination for agent-based AI. With the rapid development of AI agent technology, the demand for secure and transparent transaction layers is increasing. Kite AI's infrastructure lays a solid foundation for the widespread adoption of AI agents in the future.Following the financing, Kite AI achieved several significant market milestones. On October 31, 2025, major exchanges will launch the KITE Launchpool project. On the same day, KITE announced its tokenomics, with a total supply of 10 billion tokens and an initial circulating supply ratio of 18%. Subsequently, on October 30, 2025, major exchanges will successively list KITE perpetual contracts, providing investors with diversified trading options. On November 3, 2025, major exchanges will officially launch KITE spot trading. This series of listings fully demonstrates the market's attention to and recognition of the Kite AI project.