Kite AI Secures Strategic Round Financing on October 27, 2025, Led by Coinbase Ventures

According to media reports, Kite AI secured a strategic round of financing on October 27, 2025, with Coinbase Ventures as the lead investor. Kite AI is a project focused on building the foundational transaction layer for the AI agent internet, dedicated to creating a world where AI agents can operate and coordinate safely according to human intent.Kite AI has developed a comprehensive infrastructure, including real-time payments, programmable governance, cryptographic identity verification, and verifiable information tracking—all running on a blockchain designed specifically for AI. By equipping AI agents with the core capabilities required for secure and autonomous operation, Kite AI is laying the groundwork for a global interoperable AI service network. This innovation is expected to drive the development of the AI agent economy and provide users with more intelligent and autonomous service experiences.Regarding financing progress, Kite AI previously completed an $18 million Series A round in September 2025 and a $15 million seed round in February 2025. Since the launch of its testnet in February 2025, the project has grown rapidly. Recently, the KITE token has been listed on several major exchanges, including Binance Launchpool as its 71st project on October 31, 2025, with spot and derivatives trading launched on mainstream exchanges, attracting broad market attention and recognition.