Respectfully, I think your basis is substantially off.
We’re targeting $5M+/month from this partnership alone. They serve 80,000+ clients, a significant percentage of whom are crypto-native and have specifically requested this functionality.
The entire premise of private aviation is being able to go where you want, when you want. That inherently means operating outside traditional banking hours, making 24/7 real-time settlement another meaningful driver in addition to lower fees.
We have other partnerships targeting $100M/month, and a few that we believe have the potential to exceed $5B/month over time.
Additionally, comparing Keeta to “other neobanks” fundamentally misunderstands what we are. Keeta isn’t a neobank. We’re infrastructure designed for banks, fintechs, payment providers, exchanges, and institutions to build and settle on.
As always, these are targets based on current partner discussions and anticipated activity. Actual volumes will depend on implementation, adoption, and partner activity.
Keeta Security Incident Update
We are pleased to share that Keeta Mainnet will return to full read/write operation today, restoring normal network activity.
Over the past week, our team has completed its investigation into the August 18 security incident, patched the root cause, extensively tested the network, and implemented additional precautionary safeguards before resuming operations.
As part of the restoration, all affected account balances will be fully restored to their pre-incident balances as of August 18, backed by the Keeta Strategic Reserve. The restoration represents approximately 9.3 million KTA, or 0.93% of KTA’s total 1 billion token supply. Our priority throughout this process has been to ensure that impacted participants are made whole while restoring the network safely and responsibly.
In addition to addressing the root cause, we have introduced Keeta Sentinel, a new outflow guard service designed specifically for Keeta asset movement anchors.
Sentinel provides an independent layer of protection around outbound asset flows. Anchors submit outbound flows to Sentinel through a signed API, where each flow is valued in USD using live FX data and evaluated against configurable limits and rolling budget windows. Sentinel can allow or deny individual flows, issue short-lived budget leases that permit anchors to process smaller flows locally, and automatically halt all participating anchors if a configured safety threshold is breached. Network activity can then only resume following administrator review and authorization.
These safeguards are designed to limit the potential impact of abnormal activity and provide an additional layer of defense beyond the underlying network and anchor infrastructure.
We did not receive communication from the party responsible for the incident following our previous statement. We will therefore continue pursuing all available recovery and legal measures, including working with the appropriate authorities, continuing efforts to identify, trace, and recover affected assets, and evaluating potential recovery options available under our cyber insurance policy.
Any funds recovered through these efforts will be used to purchase KTA and replenish the Strategic Reserve for the funds used to restore affected account balances. These recovery efforts will continue independently of the restoration process and the resumption of network operations.
The events of the past week have resulted in substantial improvements to Keeta’s security infrastructure. We are confident that the network is significantly stronger as a result of the changes we have implemented, and we are excited to resume our work alongside our partners toward Keeta’s mission of unifying global money movement.
We sincerely appreciate the patience, support, and trust of our community and partners throughout this process.
I’ve said it before and I’ll say it again. They were building. We were going to see the results of that work when the pieces were built and ready to be turned on.
Well, it sounds like we’re getting to that point.
Ty just said that over the past 45 days Keeta has transitioned internally from building the foundation to facilitating usage, and the focus is now on enabling participants and driving meaningful volume through the network.
That’s the transition I’ve been talking about.
Does this prove everything happens the way we think it will? No. Time will tell. But it sure seems to be headed that way.
Let me make something abundantly clear while I’m at it. I’m not part of the Keeta team. I’m not on their payroll. I’ve been watching what they’re building, doing my own research, and coming to my own conclusions.
So to the people who talked shit about the project because they couldn’t see the vision, and to the people who continuously try to say I’m some undercover operative for the team…
Get bent.
$KTA @KeetaNetwork
BINANCE HANDED DATA TO RUSSIAN INTELLIGENCE
First Department reports Binance gave Russian authorities EU user's KYC data, transaction history and device fingerprints. He was arrested and faces terrorism-financing charges - potentially 20 years.
https://t.co/Jba6k57Kik
(1/8) Keeta has partnered with @LayerZero_Core to bring tokenized commercial bank money to major blockchains.
Together, we’re the first to combine regulated, compliance-native infrastructure with omnichain interoperability, enabling financial institutions to move bank-grade money across any ecosystem.
The world's largest institutions need a cash management system that works across fiat currencies and public blockchains.
@KeetaNetwork is solving that problem by introducing tokenized commercial bank money, built on LayerZero's OFT standard.