Kite AI is now live on Layer3!
Discover @GoKiteAI the base layer for the agentic web and learn how it’s shaping the future of AI infrastructure.
Start here: https://t.co/j38MtdziXc
Why do we need blockchain for agent-to-agent payments?
Agents transact 24/7 across borders in microseconds so they need payments that settle instantly.
On the other hand - banks require humans, business days, and manual approvals.
With stablecoins, transactions can be settled instantly without human gatekeepers - and Kite AI is building the rails to power it through its purpose-built blockchain.
1/ We’re thrilled to announce our $18M Series A fundraise led by @PayPal Ventures and @generalcatalyst, bringing total cumulative funding to $33 million.
This funding fuels our mission to build the foundational infrastructure for the agentic internet – providing unified identity, governance and native access to stablecoin payments that enable agents to authenticate, transact, and coordinate securely without intermediaries.
We are incredibly grateful to our investors who support our mission: @PayPal Ventures, @generalcatalyst, @8VC, @SamsungNext, SBI US Gateway Fund, @vertexventures, @hashed_official, @HashKey_Capital, @DispersionVC, @AlumniVentures, @AvalancheFDN, @GSR_io, @LayerZero_Core, @animocabrands, @EssenceVenture, and @Alchemy.
A special thank you to our phenomenal angel investors: @EvanWeb3 (Co-founder and CEO, MystenLabs), Hao Min (VP, Circle), @edwinaoki (SVP, Nasdaq; ex- PayPal CTO of blockchain), Frank Chang (VP, Uber), @navinblockchain (CEO, Crystal Intelligence; ex-Ripple Managing Director), @BohanZhangOT (Member of Technical Staff, OpenAI), John Liu (Head of Product, AWS), @RosuGrigore (Professor, UIUC), Haiyan Huang (Professor, UC Berkeley), Sriram Vishwanath (Professor, Georgia Tech) and more.
Join us in building the future of the agentic internet.
Exclusive by @FortuneMagazine: https://t.co/IqFhbePaMw