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Kite Secures $18M Series A Funding for AI-Blockchain Development
CryptocurrencyFundingUpdated a day ago

Kite Secures $18M Series A Funding for AI-Blockchain Development

Kite, an AI-blockchain startup, has raised $18 million in Series A funding, co-led by PayPal Ventures and General Catalyst. The investment aims to enhance the infrastructure for the 'agentic internet' and facilitate efficient stablecoin transactions between AI agents.

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PayPal Ventures-backed startup Kite raises $18M series A to build the ‘agentic internet
PositiveCryptocurrency
Kite, an AI-blockchain startup, has successfully raised $18 million in Series A funding, backed by PayPal Ventures and General Catalyst. The funds will be used to develop infrastructure for the 'agentic internet', enhancing communication between AI agents.
Editor’s Note: This funding is significant as it highlights the growing interest in AI and blockchain technologies. With major investors like PayPal Ventures, Kite is positioned to make impactful advancements in how AI agents interact, potentially transforming various industries.
Kite Raises $18M to Bridge Stablecoin Payments and Autonomous Agents
PositiveCryptocurrency
Kite has successfully raised $18 million in Series A funding, co-led by General Catalyst and PayPal Ventures. This investment will help Kite develop infrastructure for AI agents to conduct stablecoin transactions efficiently.
Editor’s Note: This funding is significant as it supports the growing intersection of AI and blockchain technology, enabling automated transactions that could revolutionize how digital payments are processed.

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