KITE AI, as an AI agent Layer-1 blockchain, has received $18 million in Series A funding from PayPal Ventures, integrating AIR identity and PoAI proof.
KITE AI’s financing and market recognition
KITE AI focuses on an AI agent economy Layer-1 platform, with the latest Series A funding of $18 million, led by PayPal Ventures and General Catalyst. This funding reflects the high confidence in the integration of AI and blockchain in the market, injecting strong momentum for a secure and scalable execution platform.
The trust foundation of the AIR identity system
AIR (Agent Identity Resolution) is designed for AI agents’ identity management, with a low-code interface that allows developers to quickly deploy custom agents and connect to the ecosystem market. Programmable permissions provide precise control over operational scope, reduce security vulnerabilities, and ensure mutual trust and authorization between agents.
On-chain verification mechanism of PoAI
PoAI (On-chain Attribution Smart Proof) records each agency transaction on the blockchain, achieving transparency and traceability. This design creates a self-governing and trustworthy ecosystem, enabling AI operations to possess financial-grade verifiability and supporting complex business scenario applications.
Multi-protocol compatible universal execution layer
Native integration with x402 standard, compatible with Google A2A Anthropic MCP OAuth 2.1, enabling cross-platform identity payment settlement without bridging. KITE becomes the Universal Execution Layer, connecting the cloud and Web3, accelerating developer ecosystem integration.
Brevis collaboration’s ZKP expansion
Strategic alliance with Brevis, leveraging ZKP to enhance the transparency and autonomy of the agency identity payment module. The first batch is deployed on BNB Chain, with subsequent expansion to KITE L1, achieving cross-chain proof relay to improve multi-chain collaboration and asset liquidity efficiency.
Summary
KITE AI has raised $18 million in financing, collaborated with AIR PoAI technology and Brevis ZKP to build AI agent Layer-1 infrastructure. The x402 multi-protocol compatible bridging cloud Web3 heralds the comprehensive rise of a decentralized agency economic network.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
