Kite AI Secures Strategic Financing on October 27, 2025

According to media reports, Kite AI secured strategic financing on October 27, 2025, with Coinbase Ventures as the investor. Previously, Kite AI completed a $15 million seed round in February 2025 and an $18 million Series A round in September 2025.Kite AI is building the foundational transaction layer for an agent network internet, aiming to create an operational and coordination environment for AI agents that aligns with human intent. The platform is based on a blockchain specifically designed for AI, providing core capabilities such as real-time payments, programmable governance, cryptographic identity authentication, and verifiable traceability, enabling AI agents to operate securely and autonomously. By equipping agents with these essential capabilities, Kite AI is laying the groundwork for a global interoperable AI service network.Following the financing, Kite AI accelerated its activities. On October 31, 2025, the KITE token was launched on Binance Launchpool as the 71st project. On the same day, the project team released the KITE tokenomics: total supply of 10 billion tokens with an initial circulating ratio of 18%. Subsequently, several major exchanges launched KITE trading pairs. On October 30, 2025, BitMart listed the KITEUSDT perpetual contract, and Bitget introduced a USDT-margined KITE pre-market contract with leverage ranging from 1x to 25x. On November 2, 2025, the KITE airdrop verification tool officially went live. On November 3, 2025, OKX will launch KITE spot trading and convert the pre-market contract to a standard perpetual contract.This series of initiatives demonstrates strong market confidence in Kite AI and reflects the growing momentum in the AI agent infrastructure sector.