Crypto news from CoinWorld: AI and blockchain infrastructure firm Gency AI has just wrapped up a new funding round, raising $20 million, with participation from Y&ZC Capital, MTMetaworld Holdings, RiverPark, Arkstream, MH Ventures, ViaBTC, and Basics Capital. This funding will be used to expand Gency AI’s decentralized ad execution and settlement network, enhance its privacy-preserving computational framework, and accelerate product deployment and ecosystem partnerships. Gency AI aims to shift the industry from "platform trust" to "protocol trust" by introducing on-chain verifiable credentials and automated revenue distribution mechanisms. The system is designed to automate reconciliation processes through smart contracts, reducing settlement times and increasing transparency in cross-border ad transactions.
