scryptoberg

[Ahmed Bin Sultan @asknahyan]

What the public sees today is only a fraction of what is built behind the scenes. The future is bright. @askgroupae @KeetaNetwork

[scryptoberg @scryptoberg]

RT @xescure: Welcome to the Keeta family Keeta😁

@asknahyan $KTA

[Brown Thunder @Brown_Thunder76]

Hot take:

I hate crypto.

Not blockchain.

Crypto.

The vast majority of it is redundant.

How many payment chains do we need?

How many tokenization chains do we need?

How many bridges?

How many interoperability protocols?

How many meme coins?

How many projects solving the exact same problem?

For the last decade, crypto has mostly been an industry building products for other crypto people.

And the general public noticed.

That’s why most people still think crypto is a scam.

Because outside of speculation, very little has changed in their daily lives.

Now here’s where I lose people.

I think the future belongs to the projects that make crypto disappear.

Not the ones that make crypto more complicated.

Why should consumers care what chain they’re on?

Why should businesses care?

Why should banks care?

They shouldn’t.

They care about moving money faster.

Reducing costs.

Eliminating middlemen.

Accessing global markets.

Increasing efficiency.

That’s why I’ve become so interested in Keeta.

Not because it’s another blockchain.

Because it’s trying to connect everything.

Banks.

Payment rails.

Digital fiat.

Real-world assets.

Web3.

Cross-border payments.

Keeta Personal already lets users move between crypto and regulated fiat, send money internationally, hold multiple currencies, receive direct deposits, and pay bills.

Tokenized T-Bills are coming.

Tokenized stocks are coming.

A card is coming.

It’s backed by major players including former Google CEO Eric Schmidt and has partnerships tied to one of the wealthiest and most influential families in the world.

The CEO, Ty Schenk, calls it a “network of networks.”

Maybe it succeeds.

Maybe it doesn’t.

But at least it’s trying to solve a problem that exists outside of crypto.

It’s trying to connect banks, payment rails, digital fiat, real-world assets, and web3 into a single ecosystem.

In an industry full of projects building for other crypto projects, that’s why it’s earned my attention.

@KeetaNetwork

[Syno @Syno_0x]

There’s a sleeping L1 gem everyone is overlooking right now and in the next 5 minutes, I’ll tell you exactly why;

Currently there is only around $27 Billion Dollars of RWAs on-chain across all blockchains.

The Al Nahyan family - the second wealthiest family on Earth with a net worth of around $335 Billion USD - controls approximately 6% of the world's oil reserves through the Abu Dhabi National Oil Company, representing roughly $8.46 Trillion USD in oil wealth alone.

They also produce approximately 4.5 million barrels per day, generating something in the range of $120–130 billion USD in annual gross revenue.

It is this family that Keeta $KTA has entered a joint venture with through ASK Group @askgroupae, founded by H.H. Sheikh Ahmed Bin Sultan Bin Khalifa Bin Zayed Al Nahyan.

In a bear case where Keeta only manages to tokenize just ONE % of Abu Dhabi's reserve value and it eventually finds representation as tokenized assets on Keeta's Network that would roughly $84.6 BILLION Dollars in on chain RWAs.

That's around 3.3x times more than the total market cap of all RWA's today across all chains, and remember that's just in the case that they tokenize JUST 1%.

And this goes far beyond oil. The joint venture includes gold, silver, copper, and a wider basket of Gulf industrial metals. The UAE is already one of the world’s largest commodity trading hubs, with hundreds of billions flowing annually through the Dubai Gold and Commodities Exchange.

It also includes cross-border payments across some of the largest remittance corridors on earth, with the UAE–India corridor alone moving over $20 Billion USD annually. And @askgroupae - linked to the wider royal Al Nahyan family - holds rights to Keeta’s presence across the UAE, the Middle East, India, and Africa.

As of writing this, $KTA sits at just a $100 Million marketcap today - lower than the market caps of some memecoins and dino chains.

Yet the upside scenario people are overlooking is exposure to markets measured in the hundreds of billions and even trillions of dollars.

The deal isn't hypothetical - it's signed, and integration is already underway. Keeta is probably one of, if not the ONLY chain that is able to represent and facilitate this through its tech; Keeta settles transactions faster and at a much larger scale than anyone else, with compliance built into the protocol.

Chains like $XRP have been trying to achieve something similar for the past 14 years, reaching a $200 Billion market cap largely on speculation that they could eventually make it work in some form, somewhere, at some point, somehow. Well, they can’t and their chains will be driven by this same speculation that they could eventually make it work in some form, somewhere, somehow for the next 14 years as well.

Keeta is aiming to accomplish what Ripple couldn’t within a year of its public existence. Now imagine what they will achieve in the next one, two, or five years.

This could end up being one of the biggest opportunities in the market.

[Keeta @KeetaNetwork]

Let’s revisit Keeta’s adoption strategy and record progress.

Phase One (Anchors):
· Keeta originally integrated key payment rails, including SEPA for Europe and ACH/Wire for the United States
· On-chain identity was enabled to uphold KYC and banking compliance requirements

Phase Two (Expansion):
· Expanded international transfers to 160+ countries
· Unlocked multi-currency accounts across nine currencies (USD, CAD, AED, GBP, EUR, HKD, JPY, MXN, CNY)
· Significantly broadened domestic payment system support
· Launched Keeta Personal as an application for individuals and businesses to utilize the infrastructure

Phase Three (Strategic Partnerships & Adoption):
· Keeta announced a joint venture with @askgroupae to tokenize tens of billions of dollars in Gulf commodities and modernize cross-border payments in the GCC region and beyond

This is only the beginning.

We are still expanding our payment capabilities.
We continue progressing on additional Phase Three initiatives.
We remain determined to prove Keeta is the missing piece to revolutionize finance.

Stay tuned.

[Punit Thakker @thakkerpunit]

@Syno_0x @askgroupae Thank you everyone :) Stay tuned 🔥🔥 a lot more coming for the community and the disruptive technology meant globally as the next-gen infra together with the interoperability layer - super excited to what’s coming next 🚀🚀

Built for the world. Built for what’s next. 🔥🚀

[Keeta @KeetaNetwork]

https://t.co/CfXiAQPYH2

[Brown Thunder @Brown_Thunder76]

I’ve spent a lot of time over the last 24 hours digging into the ASK partnership.

The more I read, the bigger this thing looks.

First, this isn’t just a partnership.

It’s a joint venture.

There’s a huge difference.

A partnership is two companies agreeing to work together.

A joint venture is both sides putting skin in the game and building something together.

Then I started looking into ASK.

This isn’t some random crypto company.

ASK is one of the largest private groups in the UAE with interests spanning finance, infrastructure, commodities, trade, and investment.

Then you get to the leadership.

His Highness Sheikh Ahmed Bin Sultan Al Nahyan isn’t just another executive.

He’s a member of the Al Nahyan family, the ruling family of Abu Dhabi.

His grandfather was President of the UAE.

His father was President of the UAE.

His uncle is the current President of the UAE.

Let that sink in for a minute.

Now add in Punit Thakker.

Most people probably skimmed right past his name.

I didn’t.

This guy has spent more than 20 years building payment infrastructure across the Middle East, India, and Asia.

PayPal.

Checkout.

Telr.

PayTabs.

He’s helped build payment networks processing billions of dollars and has worked directly with institutions helping shape digital finance policy across the Gulf.

That’s not the type of person you bring in for a small project.

Remember, Keeta isn’t trying to build another crypto ecosystem.

It’s trying to build financial infrastructure.

When you combine a UAE royal family-backed joint venture, a fintech veteran with deep regional connections, and a network built for compliance, payments, tokenization, and interoperability…

You start to understand why they keep talking about trillions.

Not because trillions are flowing tomorrow.

But because that’s the size of the markets they’re targeting.

Oil.

Gold.

Silver.

Copper.

Cross-border payments.

Trade finance.

Real-world assets.

Here’s what really caught my attention.

Most projects spend years trying to get a seat at the table.

These guys already seem to be sitting at it.

A member of the UAE’s ruling family.

One of the largest private business groups in the region.

Fintech executives who have spent decades building payment infrastructure throughout the Middle East and Asia.

And Keeta providing the technology layer.

That’s an incredibly powerful combination.

The market can believe it or not.

Personally, I think people are dramatically underestimating what was announced yesterday and the scale of what they’re trying to build.

This isn’t a swing at millions.

It isn’t a swing at billions.

It’s a swing at trillions.

@KeetaNetwork @askgroupae $KTA

[Aayush Kumar @aayushk_5]

It has been a privilege spending time with the @KeetaNetwork team and working hand in hand on the initiatives we are building together. What @schenkty and his team have achieved is genuinely remarkable, a blockchain network independently verified at 11.2 million transactions per second with 400 millisecond settlement finality, tested in collaboration with Google’s own engineering team. The fact that @ericschmidt , who has spent his career identifying tech that changes the trajectory of industries, has chosen to back this network speaks to the depth of what has been built.

We are at an early stage of a long journey, and I say that with full awareness of how much work lies ahead. Ambition without humility is just noise. What gives me confidence is not only the technology but the environment in which we are building it.

The UAE has created something rare, a regulatory and institutional ecosystem that takes innovation seriously without sacrificing the rigour that global capital markets demand. None of what we are working toward would be possible without the UAE’s continued and unwavering commitment to building the conditions for the next generation of global finance. I am genuinely grateful for that.

I also want to acknowledge His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan @asknahyan, his leadership, vision, and belief in what we are building at ASK Group has made this partnership possible. This is a reflection of his long term commitment to ensuring the UAE leads and not follows, in the industries that will define the global economy.

At ASK Group, we believe that the most meaningful contributions are the ones built quietly, carefully, and with a genuine sense of responsibility to the markets and communities we serve. That is the spirit in which we are approaching this partnership, and everything that comes next.

[Chain INK @0xchainink]

$KTA : Review

A member of the Abu Dhabi Royal Family just created a joint venture with a blockchain project to tokenize tens of billions of dollars of Gulf commodities and modernize cross-border payments across the Middle East, Africa, and Asia.

Meet Keeta Network - a Layer-1 blockchain designed to unify global payment networks through built-in KYC/AML compliance, cross-chain settlement, and 11.2M TPS verified by Google's Spanner team.

Founded by ex-BrainBlocks and Nano veterans. Backed by former Google CEO Eric Schmidt. And as of today, partnered with ASK Group, a UAE-based investment group led by His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan, to build a public exchange for tokenized Gulf commodities targeting 2027.

Let's explore what just happened and why it matters. 👇

🔵 The ASK Group Partnership

This is the kind of announcement that redefines a project's trajectory overnight.

Keeta and ASK Group, led by His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan, have created a joint venture aiming to tokenize tens of billions of dollars of commodities and modernize cross-border payments in the GCC region and beyond.

Key details:

➛ The joint venture is working toward establishing a Keeta-powered public exchange for tokenized Gulf commodities, with an initial target of 2027, subject to regulatory approvals and the establishment of custody and operational infrastructure.

➛ Every barrel of oil, ounce of gold, and kilogram of silver will be represented as a digital token on the Keeta network, bringing 24/7 settlement, instant fractional trading, global compliance, and verifiable proof-of-reserves to one of the largest untapped markets on earth.

➛ Global commodity markets move several trillion dollars annually. The GCC's share of the world's proven oil reserves alone represents an asset base whose tokenization would constitute one of the largest migrations of real-world value onto blockchain infrastructure in history.

➛ A retail investor in Tokyo, an institutional fund in London, or a family office in Singapore will have the same direct access to a barrel of Gulf crude or an ounce of UAE-held gold as the largest commodity trading houses have historically enjoyed.

➛ The UAE is one of the highest-volume remittance origination markets on earth, with the UAE-India corridor alone moving approximately $20 billion annually. Keeta's infrastructure will modernize cross-border payments to South Asia, Africa, Southeast Asia, and beyond.

➛ ASK Group holds exclusive rights to facilitate and execute Keeta's presence across the UAE, MEA, and India.

➛ This marks the beginning of a long-term relationship. Additional asset classes and use cases in the GCC region and beyond are planned.

⚪ Why This Matters

Let's put this in context. Keeta was already positioned as a compliance-first L1 targeting the TradFi-DeFi bridge. Eric Schmidt backing. 11.2M TPS verified. Bank acquisition pending. KUSD stablecoin incoming.

Now add: a joint venture with an Abu Dhabi Royal Family-led investment group to tokenize the Gulf's commodity reserves, one of the most valuable asset bases on earth. Oil. Gold. Silver. On a blockchain that does 11.2 million transactions per second with 400ms settlement and built-in KYC/AML.

At $0.20 per token and a $113M market cap, KTA is valued at less than the annual remittance volume of a single UAE-India corridor ($20B). The commodity markets this joint venture is targeting move trillions annually. If even a fraction of 1% of Gulf commodity tokenization flows through Keeta, the current market cap looks microscopic.

⚪ Keeta at a Glance

Keeta is a Layer-1 blockchain designed to unify global payment networks. Built on a DAG-based architecture with dPoS consensus, it enables cross-chain settlement, RWA tokenization, and built-in KYC/AML compliance.
$KTA trades at $0.20 as of June 9, 2026, up 35% in the last 24 hours on the ASK Group announcement. Market cap: $113M. Circulating supply: ~513M out of 1B max.

➛ 11.2M TPS verified by Google's Spanner engineering team and Chainspect ➛ 400ms settlement times ➛ Built-in KYC/AML compliance at the protocol level ➛ DAG-based architecture with dPoS consensus ➛ Native RWA tokenization and digital identity tools ➛ Cross-chain settlement layer ➛ Bank acquisition pending regulatory approval ➛ Upcoming: KUSD stablecoin, Keeta Pay, Keeta Card, native DEX ➛ Backed by former Google CEO Eric Schmidt ($17M at $75M valuation)

🔵 Meet the Keeta Team

Keeta is led by crypto payments veterans from BrainBlocks and Nano, backed by former Google CEO Eric Schmidt, and now partnered with an Abu Dhabi Royal Family-led investment group for sovereign-scale commodity tokenization.

▶️ Core Members:

➛ Ty Schenk [ @schenkty ] - Founder & CEO | Software engineer, ex-BrainBlocks co-founder, ex-Turo, ex-Steel Perlot. Forbes 30 Under 30. Designed Keeta to make cross-border payments as simple as Venmo. Now leading a joint venture with Abu Dhabi royalty to tokenize Gulf commodities.

➛ Roy Keene - CTO | 16+ years in systems engineering. Former lead developer at Nano Foundation, former Senior Cloud Architect at AWS. Brings deep blockchain architecture and cloud infrastructure expertise. Built the 11.2M TPS engine.

➛ David Campos - Head of Operations

➛ Josh Kleiman - General Counsel

🔵 Ratings

➛ Use Case: ★★★★★ (5/5) - The ASK Group partnership elevates Keeta from "promising compliance-first L1" to "the blockchain that an Abu Dhabi Royal Family investment group chose to tokenize Gulf commodities." Oil, gold, silver on-chain with 24/7 settlement, fractional trading, and proof-of-reserves. Cross-border payments modernization for the $20B UAE-India corridor. Combined with 11.2M TPS, 400ms finality, built-in KYC/AML, Eric Schmidt backing, and the pending bank acquisition, Keeta now has the most significant real-world asset pipeline of any L1 outside of Ondo and Stellar. Upgrading from 4.5 to 5.

➛ Tokenomics: ★★★ (3/5) - Unchanged. 1B supply, 50% community allocation is decent, but 40% insider allocation (team + investors) and no burn mechanism remain concerns. The ASK Group partnership should drive significant future demand for KTA as the settlement token for tokenized commodities, but that's 2027+ timeline.

➛ Audits: ★★★★ (4/5) - CertiK audited. Stress test verified by Chainspect and Google Spanner team. Strong security positioning for an L1 targeting institutional finance and now sovereign wealth-adjacent commodity tokenization.

➛ Community: ★★★★ (4/5) - 235M testnet wallets, 42M active wallets, 13+ exchange listings, growing social presence. The ASK Group announcement drove 35% in 24 hours, showing the community responds
to real catalysts. Active Twitter Spaces and engagement from the founder.

🔵 Conclusion

One hour ago, Keeta Network went from "compliance-first L1 backed by Eric Schmidt" to "the blockchain that an Abu Dhabi Royal Family-led investment group is using to tokenize Gulf commodity reserves." That's not a partnership announcement. That's a sovereign-adjacent endorsement of Keeta as the infrastructure layer for one of the largest migrations of real-world value onto blockchain in history.

The numbers speak: trillions in annual commodity flows. $20 billion in the UAE-India remittance corridor alone. Exclusive rights across UAE, MEA, and India. Public commodity exchange targeting 2027. Oil, gold, silver as on-chain tokens with 24/7 settlement, fractional access, and proof-of-reserves. All running on a chain that does 11.2M TPS with 400ms finality and built-in compliance.

At $0.20 and $113M market cap, 35% up today, KTA is either the most undervalued infrastructure play in the RWA space or the market hasn't had time to process what just happened. Given that this announcement is one hour old, the answer is probably the latter.

The question isn't whether tokenized Gulf commodities are a big deal.

They're potentially the biggest RWA opportunity in the world. The question is whether Keeta and ASK Group can execute on the 2027 timeline.

If they do, $113M market cap for the blockchain powering trillions in commodity tokenization will look like the buy of the cycle.

[Ty @schenkty]

Our future is bright, I’m eternally grateful to those who show us the way @asknahyan @askgroupae @aayushk_5 ❤️

[Ahmed Bin Sultan @asknahyan]

The UAE doesn’t wait for the future, it creates it.

[xescure @xescure]

This seems to be a longer-running partnership than initially thought. It was preceded by an MoU from January

Makes me wonder if we have seen the full extent of this partnership?

Nevertheless hundreds of billions in precious metals and tokenized oil? This makes Keeta the largest RWA project on any blockchain

“This Agreement supersedes prior non-binding understandings, including the Memorandum of Understanding dated 23 Jan 2026”

$KTA

[scryptoberg @scryptoberg]

@schenkty @TheSilverCipher @asknahyan

[Ty @schenkty]

@asknahyan I’m grateful for our friendship and the opportunity to build alongside you. The UAE has become a blueprint for the future through bold vision and relentless execution. Together, we will redefine how global finance works for generations to come.

[scryptoberg @scryptoberg]

RT @asknahyan: It is a pleasure to begin this journey with Keeta, led by CEO Ty Schenk and supported by former Google CEO Eric Schmidt. The…

[Askgroup @askgroupae]

Innovation thrives when visionary leadership and transformative technology come together. We are pleased to embark on this journey with Keeta, led by CEO Ty Schenk and supported by the confidence of former Google CEO Eric Schmidt. Together, we aim to contribute to UAE’s vision for digital finance, cross border connectivity, and the tokenization of real world assets.

[Keeta @KeetaNetwork]

(1/9) Keeta and ASK Group @askgroupae, a UAE-based investment group led by His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan @asknahyan, have created a joint venture aiming to tokenize tens of billions of dollars of commodities and modernize cross-border payments in the Gulf Cooperation Council (GCC) region and beyond, contributing to the UAE's vision and commitment to growth as a global leader in digital finance and real-world asset infrastructure.

[CryptoJamie @cryptojamie7]

Its the best L1 infra for where the world is moving

ai agents
tokenization
payments/cbdc/digital fiat
quantum

throughput wise its 160x solana with 11m tps

throughput is important if we are going to have 10m+ agents running around onchain

Compliance natively built in which is important for agents, tokenization and payments -- only blockchain to pass visas compliance

quantum proof already

they've already shipped a onchain bank account where your wallet = a global bank account with access to 9 currencies and outbound to 160+ countries through visa direct
https://t.co/mVQkv0LIrZ

interoperability between web2 and web3 chains imagine layerzero but if layerzero could also connect to web2 services and also provide on/off ramps

eric schmidt angel investment is a pretty strong signal as he hasnt angeled in any other alt -- keeta is the only crypto project he follows on X

many other reasons but yeah its a deep rabbit hole when you look into what they are building

[Hal Crypto @haltechster]

Keeta starting to hot up

https://t.co/wtX509X4Hl

@CoinMarketCap