Can secure $ 13.5 million: Web3 protocol is expanding globally!

Can secure $ 13.5 million: Web3 protocol is expanding globally!

Kgen, an innovative web3 protocol, has recently collected $ 13.5 million in a recently completed finance. The round was directed by renowned investors such as Jump Crypto, Accel and Prosus Ventures. This latest financing leads to a total financing of $ 43.5 million for the company, which focuses on expanding the infrastructure for the Verified Distribution Protocol and a loyalty framework in over 60 countries.

With a growing network of 38.9 million verified users and annual turnover of $ 48.3 million, KNE uses around 780,000 active users every day. The core of the protocol is Poge, a data protection-friendly identity and reputation framework that not only collects engagement data, but also verified real users and transformed their reputation into portable, on-chain Assets. This opens up new opportunities in the areas of artificial intelligence (AI), decentralized finances (defi) and gaming.

Strategic expansion and innovation lead

The funds from this financing round are used to expand the infrastructure of KGGEN and to promote more projects that aim at verified and incentivated user growth. These steps are crucial because KGEN offers an alternative to conventional web2 advertising, which is often based on anonymous or inferior data. By using the Poge frameworks, companies can do high-quality, verified user acquisition, which represents a significant competitive advantage.

The financing follows a seed round, which was completed in January 2023 with $ 20 million and an ecosystem round in November 2024 with USD 10 million. This continuous financing reflects the trust of investors in the growth strategy and the technological platform of KGEN.

Technological basis and market position

Kgen is not only active on your own protocol, but also on the aptos blockchain, where the company has already recorded over 18 million users and has reached high transaction volumes. This multichain-capable infrastructure enables you to reach a wider audience and offer innovative solutions for its users.

Overall, Kgen positions itself strongly in the market and turns the concept of user verification and loyalty upside down through new technologies. The most recent investment will enable the company to further promote its growth and at the same time increase the standards for transparency and trust in digital marketing.

The comprehensive information about KGGEN and its significant progress is in an article by Crypto News summarized.