Kite AI Secures Strategic Funding from Coinbase Ventures on October 27, 2025

According to media reports, Kite AI completed a strategic funding round on October 27, 2025, with Coinbase Ventures as the investor. Kite AI is a platform building the foundational trading layer for AI agent networks, aiming to create an internet where AI entities can operate and coordinate securely. This funding underscores the industry’s strong recognition of the project.Kite AI is committed to providing core infrastructure for AI entities, including real-time payments, programmable governance, cryptographic identity authentication, and verifiable attribution—all built on a blockchain designed specifically for AI. By equipping AI agents with the essential capabilities required for secure, autonomous operation, Kite AI is laying the groundwork for a globally interoperable network of AI services.Since its inception, Kite AI has achieved significant milestones. On February 10, 2025, the project completed a $15 million seed round; on September 2, 2025, it closed an $18 million Series A round. This strategic investment further strengthens its momentum.In terms of token economics, Kite AI announced its token details on October 31, 2025: total supply is 10 billion tokens, with an initial circulating supply ratio of 18%. Subsequently, the project launched deployments across several major exchanges: Binance Launchpool listed its 71st project, KITE, on October 31, 2025; Bitget introduced USDT-margined KITE contract trading on October 30, 2025, with leverage ranging from 1x to 25x; BitMart also launched KITEUSDT perpetual contracts on the same day. Major exchanges began spot trading for KITE on November 3, 2025. Additionally, the KITE airdrop verification tool officially launched on November 2, 2025.Kite AI’s rapid development reflects substantial market demand for the convergence of AI and blockchain, signaling that the AI agent economy is entering a new phase of growth.