BlockBeats News, September 30th – KGeN, a company dedicated to building the world’s largest validation distribution protocol for Artificial Intelligence, Decentralized Finance (DeFi), gaming, and consumer applications, announced today that it has completed a $13.5 million strategic financing round. The round was led by Jump Crypto, Accel, and Prosus Ventures. With this funding, KGeN has raised a total of $43.5 million, which will be used to create the world’s first validation distribution protocol (VeriFi) network empowering AI, DeFi, and gaming growth.
The official announcement stated that this round of financing follows the company’s $20 million seed round in January 2023 and $10 million ecosystem round in November 2024. Currently, KGeN’s protocol system, business stack, and loyalty infrastructure span more than 60 countries globally. By validating real users, linking engagement, business behavior, and reputation on-chain, KGeN provides developers with an anti-bot distribution layer while enabling users to benefit from time, skills, and network.
As of now, KGeN has become a leader in the global validation distribution field, with 38.9 million protocol users, 6.14 million monthly active users, and 780,000 daily active users. The company has established partnerships with over 200 revenue partners in the AI, DeFi, gaming, and business sectors. With an annual revenue of $48.3 million, the company’s 95-person team is distributed across multiple regions worldwide.
