Kite, the company building foundational infrastructure for agentic payments, today announced an investment from Coinbase Ventures.
This raise is an extension of Kite’s recent $33 million Series A fundraise led by PayPal Ventures and General Catalyst.
Together, these investments reflect growing confidence in the autonomous agent economy and Kite’s role in building infrastructure powering agent-to-agent payments and AI-driven commerce.
The fund used from this investment will help address a critical bottleneck in the AI revolution.
While AI agents can now manage complex tasks—from booking trips to executing trades—they remain dependent on human-approved operation loops.
Kite’s infrastructure provides the missing layer for true autonomy: a blockchain-native network that delivers secure digital identity, programmable spending limits, and instant, low-cost settlements with native access to stablecoins, as essential for AI-to-AI commerce.
Author’s summary: Kite gets investment from Coinbase Ventures.