To some extent, @GoKiteAI indeed deserves the title of "PayPal Prince."
As the venture capital arm of PayPal, PayPal Ventures has been relatively cautious in investing in Crypto projects. According to the data, so far, PayPal Ventures has invested in a total of 17 crypto projects, with only 4 having completed their TGE: $ENA, $APT, $ZRO, $LAVA.
More importantly, PayPal Ventures has led investments in only three crypto projects:
• Magic - Wallet infrastructure service provider
• Chaos Labs - On-chain risk management platform
• KITE AI - AI payment public chain
What do the first two projects have in common? They are more B2B oriented, with no community hype space. Magic focuses on enterprise-level wallet solutions, and Chaos Labs provides institutional-level risk management tools—these are all areas where PayPal feels most comfortable investing, allowing them to position for the future without crossing regulatory red lines.
But KITE AI is different.
This is the only project from PayPal Ventures that possesses the following characteristics:
1/ Leading position - not a follow-on investment, but a leading role
2/ Targeting the C-end - there will be tokens and a community
3/ AI + stablecoin payment dual concept - perfectly aligns with the core business expansion of PayPal
From a technical architecture perspective, the proxy network built by KITE AI essentially addresses the payment trust issues of the AI era. As AI agents begin to participate in economic activities on a large scale, how do we verify identities? How do we manage permissions? How do we handle payments? These are precisely the issues that KITE AI is working to solve.
The rise of Plasma and Stable stablecoin tracks, where is the next trillion-dollar market opportunity? 🧐
The answer is AI Agent payments, which is "PayPal's Prince" Kite AI.
Under the trend of native chains like @Plasma and @stable emerging, it marks the transformation of stablecoins from value storage tools to efficient, low-cost, global payment infrastructure, solving high-throughput transaction bottlenecks and attracting strategic investments from giants like Bitfinex and PayPal, driving the trillion-dollar payment market from DeFi to mainstream.
At the same time, from the demand side, AI agents will become the largest users of stablecoins, as C-end consumption gradually shifts to automation paths driven by Agents, the payment scale and frequency of stablecoins will significantly increase.
In this context, we should pay more attention to @GoKiteAI, as it directly undertakes this supply-side wave, building the operational system for Agentic Payment.
In simple terms, Kite is the first public chain to achieve AI payments with stablecoins aimed at the Agentic Internet, with the core goal of enabling future agent-to-agent transactions to be conducted through stablecoins on Kite.
Money flows through stablecoins, and contracts instantly distribute income to data providers, model providers, infrastructure providers, and other related parties in the AI upstream and downstream.
At the same time, Kite is also the only stablecoin AI payment project in the Crypto field that is led, endorsed, and invested with core resources by PayPal Ventures, having raised 33 million dollars. Do you understand the true value of being "PayPal's Prince"?!
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