Kite AI Raises Series A for Agentic Internet Infrastructure
Kite AI Raises Series A for Agentic Internet Infrastructure
🤖 Agentic Internet Funding
Kite AI has successfully closed its Series A funding round to develop critical infrastructure for the emerging agentic internet.
The company is building a comprehensive platform that includes:
- Unified identity systems for AI agents
- Governance frameworks for agent interactions
- Native stablecoin payments integration
This infrastructure aims to create the foundational layer that will enable AI agents to operate seamlessly across the internet with proper identity verification, decision-making protocols, and built-in payment capabilities.
Kite AI previously launched its testnet, allowing early users to experiment with $KITE tokens and explore the platform's capabilities. The Series A funding will accelerate development of this base layer technology.
The agentic internet represents a shift toward AI agents autonomously performing tasks, making transactions, and interacting with services - requiring robust infrastructure to manage identity, payments, and governance at scale.
Kite AI closed its Series A to build infrastructure for the ai agentic internet with unified identity, governance, and native stablecoin payments.
1/ We’re thrilled to announce our $18M Series A fundraise led by @PayPal Ventures and @generalcatalyst, bringing total cumulative funding to $33 million. This funding fuels our mission to build the foundational infrastructure for the agentic internet – providing unified
AVAX Deposits Now Live on Kalshi
**AVAX deposits are now enabled on Kalshi**, the prediction market platform. This integration allows users to deposit AVAX tokens directly on the platform, expanding payment options for prediction market participants. - Users can now fund their Kalshi accounts using AVAX - Adds another cryptocurrency option to the platform's deposit methods - Continues Avalanche's integration into mainstream trading platforms The move follows other recent Avalanche ecosystem developments, including FlashLiquidity DEX launching on the network earlier this year.
RWA Summit Panel Explores Programmable Private Credit's Fintech Impact
The **RWA Summit** featured a panel on programmable private credit moderated by Morgan Krupetsky from Ava Labs. **Key participants included:** - Michael Barbosa from OatFi - Representatives from Fence Finance - Connor Dougherty from Valinor The discussion focused on how **programmable private credit** could transform the fintech landscape as institutions move beyond proof-of-concept to actual onchain implementation. Avalanche is supporting the summit as part of the industry-wide shift toward **tokenized finance**, with sessions covering tokenized funds, programmable settlement, and compliance-ready infrastructure. The summit brings together leaders from traditional finance and blockchain to discuss real-world asset tokenization across hedge funds, equities, and institutional credit markets.
Stablecoins Shield Savings from Argentina's 25% Monthly Inflation
**Argentina's hyperinflation crisis** reaches 25% monthly, destroying paychecks before rent payments are due. **USD-pegged stablecoins** emerge as a critical lifeline for protecting savings in high-inflation economies. For many Argentinians, access to these stable digital assets represents the difference between preserving wealth and losing it entirely. **Traditional alternatives prove dangerous** - strict USD controls force citizens into illegal "cuevas" (underground dollar shops) that carry significant risks. **Avalanche-powered solutions** like Buenbit offer safer alternatives, allowing Argentinians to: - Save in stable USD-pegged assets - Transact without peso volatility - Invest without underground market risks Listen to the full discussion on [Avalanche Live](https://open.spotify.com/episode/7quwkzVmTHoOhmr8GOJQsF)
Particle Network Launches Universal Transaction Layer on Avalanche
**Particle Network** has launched the **Particle Chain** on Avalanche, introducing a Universal Transaction Layer that aims to simplify Web3 interactions. **Key Features:** - **Universal Liquidity** across multiple chains - **Universal Gas** payments with any token - **Chain Abstraction** making apps feel unified The solution eliminates the need for bridges, gas tokens, and chain-hopping by creating a seamless experience where multiple chains operate as one ecosystem. **Built on Avalanche's infrastructure**, the Particle Chain leverages the network's speed and reliability. Avalanche already supports institutional tokenization and now adds a universal user layer connecting all of Web3. Developers can integrate **Universal Accounts** today through the platform. [Learn more about integration](https://www.avax.network/about/press/particle-network-brings-the-particle-chain-to-avalanche/)