KGeN, a protocol for building a Verification Distribution Network for AI, DeFi, gaming, and consumer applications, has just raised 13.5 million USD in a strategic funding round, bringing the total capital to 43.5 million USD. This round saw participation from Jump Crypto, Accel, and Prosus Ventures, following a 20 million USD round in 2023 and 10 million USD in 2024.
The new funding will drive the expansion of KGeN's distribution, commerce, and loyalty infrastructure, which is already operational in over 60 countries. The backbone of the project is the VeriFi network and the POGE framework – a system for identification, reputation, and privacy security, which has processed over 876 million data points, helping to attract users through biometrics, on-chain rewards, and decentralized stores.
KGeN currently has 38.9 million users, of which 780,000 are active daily, with an annual revenue of 48.3 million USD. With this momentum, KGeN expects to become a reliable distribution infrastructure for global user growth.
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