The VeriFi project KGeN has completed a strategic financing of 13.5 million USD, with participation from Jump Crypto and others.

According to Mars Finance, 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 today the completion of a new round of strategic financing totaling $13.5 million. This round was participated in by Jump Crypto, Accel, and Prosus Ventures. With this, KGeN's total financing amount has reached $43.5 million, which will be used to create the world’s first verification distribution protocol (VeriFi) network empowering AI, DeFi, and gaming growth. The company stated that this round of financing follows its $20 million seed round in January 2023 and its $10 million ecosystem round in November 2024. Currently, KGeN's protocol system, commercial stack, and loyalty infrastructure have covered over 60 countries worldwide, providing a bot-proof distribution layer for developers by verifying real users and linking participation, business behavior, and reputation on-chain, while allowing users to benefit from time, skills, and network. As of now, KGeN has become a leader in the global southern verification distribution field, with 38.9 million protocol users, 6.14 million monthly active users, and 780,000 daily active users, establishing partnerships with over 200 revenue partners in the fields of AI, DeFi, gaming, and business. The company's annual revenue reaches $48.3 million, with a team of 95 distributed across multiple regions globally.