ChainThink report, on September 30, KGeN, a company dedicated to building the world's largest verification distribution protocol for artificial intelligence, decentralized finance (DeFi), gaming, and consumer applications, announced the completion of a new strategic funding round of 13.5 million USD, with participation from Jump Crypto, Accel, and Prosus Ventures. With this round, KGeN's total funding has reached 43.5 million USD, which will be used to build the VeriFi network, the world's first verification distribution protocol empowering growth in AI, DeFi, and gaming.

The official statement said that this funding round follows the company's 20 million USD seed round in January 2023 and the 10 million USD ecosystem round in November 2024. Currently, the KGeN protocol system, business stack, and loyalty infrastructure have covered more than 60 countries worldwide. By verifying real users and recording engagement, commercial activities, and reputation on-chain, it provides developers with a bot-resistant distribution layer, while enabling users to benefit from their time, skills, and networks.

As of now, KGeN has become a leader in the verification distribution sector in the global south. The protocol has 38.9 million users, 6.14 million monthly active users, and 780,000 daily active users. It has established partnerships with over 200 revenue partners in the fields of AI, DeFi, gaming, and commerce. The company's annual revenue reached 48.3 million USD, with a team of 95 people distributed across multiple regions globally.