AI Payments Startup Kite Debuts Token With $263M Trading Volume in First Two Hours

The blockchain firm’s autochthonal token debuted Monday with beardown enactment connected Binance and Korean exchanges, pursuing a $18 cardinal Series A rise successful September.

Updated Nov 3, 2025, 3:13 p.m. Published Nov 3, 2025, 3:13 p.m.

Kite, an artificial quality (AI)-powered payments blockchain, rolled retired its autochthonal token connected Monday, generating important trading measurement connected South Korean exchanges Upbit and Bithumb.

The token debuted with beardown marketplace enactment connected the whole, reaching a $159 cardinal marketplace capitalization and an $883 cardinal afloat diluted valuation (FDV) wrong its archetypal fewer hours of trading, according to information from CoinMarketCap.

Trading measurement connected Binance topped $85 cardinal with a akin fig being achieved connected Upbit and Bithumb, full measurement stood astatine $263 cardinal astatine property time.

The motorboat follows Kite’s $18 cardinal Series A raise successful September, which brought its full backing to $33 million. The circular was aimed astatine accelerating the improvement of Kite’s basal furniture for AI-driven payments and autonomous cause systems.

Kite’s autochthonal token underpins its "agentic economy, serving arsenic the mean for payments, staking, and governance crossed its blockchain network. It enables machine-to-machine and agent-to-agent transactions, allowing autonomous AI agents to execute payments, entree data, and acquisition compute resources.

Total proviso of the token is capped astatine 10 billion, with 48% being allocated to the community, 12% to investors and 20% to the squad and aboriginal contributors, according to Kite's whitepaper.

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