In the rapidly evolving world of blockchain and AI, Kite is emerging as a pivotal platform where software itself becomes an economic actor. Recently, major Web2 investors like PayPal Ventures and General Catalyst have backed Kite, signaling a new era of innovation where AI-driven systems can interact natively with decentralized finance.
Traditional blockchains assume every transaction starts with a human. Wallets, signatures, and approvals are all designed for people, not machines. Kite flips this assumption, enabling AI agents to autonomously coordinate, transact, and make economic decisions on-chain. This fundamental shift opens opportunities that Web2 giants recognize as the next frontier.
For investors like PayPal Ventures, the appeal lies in Kite’s potential to redefine digital payments and financial infrastructure. AI-driven agents could execute transactions faster, more efficiently, and at scale, creating entirely new revenue streams and financial products. General Catalyst sees the same long-term value: a platform that positions software as an independent economic participant.
Kite’s technology isn’t just about automation—it’s about creating a financial layer tailored for AI. By giving agents their own operational tools, Kite bridges a gap between DeFi and machine intelligence. This could transform industries ranging from supply chain management to autonomous marketplaces, making AI a direct participant in value creation.
Web2’s investment in Kite is more than a bet on a startup; it’s a bet on a structural evolution of the internet itself. As AI becomes increasingly agentic, platforms like Kite will form the backbone of a new economic layer where human and machine collaboration drives innovation, efficiency, and unprecedented scalability.
