Kite aims to build a blockchain platform for “agentic payments” that is, a network where autonomous AI agents (software programs) can transact, hold verified identity, and perform payments or financial interactions on behalf of people or businesses.
The blockchain is an EVM-compatible Layer-1, built to support real-time, low-cost, high-throughput transactions tailored for machine-to-machine or agent-to-agent payments rather than traditional human-driven crypto usage.
It implements a specialized three-layer identity system separating “users,” “agents,” and “sessions,” intended to give agents cryptographically verifiable identity and allow for policy/governance controls in a granular way.
Kite envisions a modular “agentic economy”: an ecosystem (“modules”) where developers or service-providers can build AI services (data APIs, compute, agent-apps, etc.), and autonomous agents can discover and pay for services, all via the blockchain.
In short: Kite’s goal isn’t just to be another blockchain it aims to be the underlying settlement and identity layer for a future where AI agents act autonomously, transact, and coordinate services without human micro-management.
Funding, Launch & Token Data (as of Late 2025)
Since Kite is early-stage but already public, here is what is known about its finances, tokenomics, and market debut.
In September 2025, Kite closed a Series A funding round of US$18 million, bringing total funding to US$33 million. The round was co-led by PayPal Ventures and General Catalyst.
Kite’s native token is KITE. According to the project’s published tokenomics: total supply is 10 billion KITE.
Token allocation (according to initial disclosures): ~ 48% of supply allocated to community, ~ 12% to investors, ~ 20% to team and early contributors.
At launch (first hours of trading), KITE reportedly achieved a fully diluted valuation (FDV) of US$883 million, with initial market cap around US$159 million, and trading volume across major exchanges (e.g. Binance, Upbit, Bithumb) of approximately US$263 million in the first two hours.
On exchange listing, some sources indicate an initial circulating supply of around 1.8 billion KITE (≈ 18% of total supply) at listing time.
As of the public listing, KITE is trading on multiple exchanges including at least one Asia-focused exchange (per the debut report) and global platforms.
So the token is live, tradable, with a substantial floating supply and strong early liquidity though long-term token metrics (fully diluted supply vs staking lockups vs circulating supply over time) remain to be observed.
What Kite Offers Infrastructure & Features
According to the project’s own materials and third-party summaries, these are the key components and features of Kite’s architecture and purpose.
Agent Passport + Identity & Governance layer: each AI “agent” operating on Kite can have its own cryptographically verifiable identity. That means an agent’s actions transactions, purchases, service calls can be attributed, audited, and governed independently of the human user behind it. This is meant to allow safe, autonomous agent behavior while preserving control and accountability.
Native support for agent-to-agent payments and real-time settlements: Kite claims near-zero gas fees, very fast block times (the site advertises 1 second block times) optimized for micro- or machine-speed payments.
A modular ecosystem (“Modules”) for AI services and commerce: Developers or service-providers can deploy data services, compute, APIs, marketplaces, or other tools agents can discover and pay for these services via native stablecoin/crypto payments effectively enabling a decentralized “agentic marketplace.”
Token utility beyond speculation: According to tokenomics documentation, KITE is required for ecosystem participation (access for builders and service providers), and eventually for staking, governance, module liquidity provisioning, and fee payments. The system is designed to transition from emission-based rewards to revenue-driven economic model where usage of the network (payments by agents, module activity) generates value that flows back to token holders aligning long-term incentives with real-world activity.
In short: Kite is not just a blockchain with a token it's an attempt at building the plumbing for a new class of digital economy: one where autonomous software agents can transact, act, and interact under human-defined rules, yet fully on-chain, transparent, and interoperable.
Where Kite Stands Now Adoption, Development Stage, and Public Signal
Because Kite is so new, its state is a blend of “launched token / early market data” + “still building ecosystem / pre-mainnet or early mainnet.” Here’s the current picture (as of late 2025):
The token launch and listing already happened (November 3, 2025 per multiple announcements and listing data) on several exchanges
The project’s public website advertises the chain as ready and promoting its features: near-zero fees, fast blocks, cryptographic identity for agents, an “Agentic Network,” and tools for building agents and modules.
According to third-party summaries, Kite is positioning itself as the first Layer-1 blockchain specifically optimized for AI agent payments and commerce not a speculative token environment, but a functional infrastructure.
The founding and initial funding $33 million raised, including from PayPal Ventures and General Catalyst suggests strong institutional backing and belief in Kite’s thesis (AI + blockchain + payments).
At least as of listing, the tokenomics and allocation are public: 10B total supply, significant allocation to community, investors, early contributors.
That said: because the ecosystem is new, real-world usage number of active agents, number of services/modules, volumes of agent-to-agent commerce remains to grow. The promotional site references “Agent Passport,” “Agent Store,” near-zero fees, real-time payments, but concrete statistics on live usage (post-mainnet) are not widely published yet.
Why This Matters What Kite Could Enable, and What to Watch
If Kite’s vision plays out, it could open up a very different mode of digital economy. Imagine:
Autonomous agents bots, assistants, decentralized services able to transact instantly and cheaply with each other or with services, with verifiable identity and governance.
Machine-speed micro-payments: paying small amounts to data providers, compute providers, or services on a per-use basis, without human oversight enabling “agentic subscriptions,” pay-per-use APIs, automated maintenance, or background economic activity.
A modular marketplace of AI services data feeds, models, compute where developers monetize usage, and agents pay per call, creating a decentralized economy for machine-services.
Real, revenue-driven tokenomics: instead of being purely speculative, KITE’s value could come from real usage; as agents transact, pay fees, consume services, this generates demand for KITE, staking, governance aligning incentives for long-term growth.
However, there are uncertainties and risks: adoption of “agentic economy” by developers and users; building enough real services/modules; legal/regulatory clarity around autonomous payments, agents acting on behalf of humans; and ensuring security/custody for identity, policy, and funds.
Summary Where Kite Is Now and Why It’s Interesting
Kite is in its very early but public phase: the token is launched, trading is live, institutional funding is secured, and the project claims to offer a purpose-built infrastructure for AI agent payments. The native tokenomics seem designed to tie value to real usage rather than speculation.
What stands out is its ambition: a first-of-its-kind Layer-1 blockchain aiming to become the foundation for an “agentic internet,” where autonomous agents transact, pay, and coordinate trusted services. If successful, Kite could shift blockchain’s role from speculative store-of-value or decentralized finance toward functional infrastructure for the next generation of AI-driven services.
Because the space is so new, much remains to be proven. But Kite represents one of the boldest attempts yet to build blockchain not around speculation, but around everyday automation, services, and machine-native commerce.
