Kite

Kite is a proof-of-stake blockchain built for AI agents that pay each other in stablecoins; KITE is its staking token.

Kite is building a blockchain where AI agents can prove who they are and pay for services by themselves. Agents get an identity and spending rules, and they settle small payments in stablecoins with very low fees. The company behind it, formerly Zettablock, is based in San Francisco; its token issuer is Kite AI Ltd. in the British Virgin Islands.

Kite Chain is a layer-1 proof-of-stake network built with Avalanche technology. Its mainnet and the Kite Agent Passport launched on 30 April 2026. KITE is needed to run the network: module owners, validators and delegators must stake set minimum amounts, and those who fail availability or integrity rules lose pending unlocks or future rewards.

The supply is capped at 10 billion KITE. The MiCA white paper gave 27% as circulating at launch on 3 November 2025; CoinMarketCap counted about 25.7% as circulating on 1 October 2026. Team and investor tokens have a one-year cliff and then unlock over four years. Staking rewards start in KITE and are meant to shift to stablecoins, with a target of about 4% a year.

Kite's total funding was $33 million after its $18 million Series A in September 2025 and was given as $35 million by April 2026, from investors led by PayPal Ventures and General Catalyst. It published a MiCA white paper for the European Union in November 2025.