Loading organizations...
Kaia develops an EVM-compatible Layer 1 blockchain, engineered specifically for stablecoin settlement and onchain finance. This foundational infrastructure is designed to transform stablecoins into liquid capital within the digital economy, emphasizing scalability and broad accessibility. The platform supports a wide array of decentralized applications and financial services, aiming to facilitate robust onchain financial ecosystems.
The company was founded in 2021, with its origins rooted in established technology companies such as LINE and Kakao. Key figures include Dr. Sangmin Seo, serving as CEO and Chairman of the Kaia DLT Foundation, and Jaesun Han, who is also noted as a founder. The project emerged from a strategic merger of the blockchain initiatives Klaytn and Finschia, leveraging their combined expertise and existing infrastructure to build a more comprehensive and accessible blockchain environment.
Kaia’s platform targets a diverse set of users within the digital asset landscape, including stablecoin issuers, DeFi protocols, and developers creating onchain financial applications. Its overarching mission is to establish the essential infrastructure for stablecoin-driven capital markets, with a particular strategic focus on the Asian market. Kaia envisions a future where stablecoins function as primary capital, enabling widespread adoption of secure and efficient onchain finance.
KAiA Capital has 1 tracked investment across 1 company. The latest tracked deal is $70.0M Series B in TXOne Networks in August 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 18, 2022 | TXOne Networks | $70.0M Series B | DC Cheng | Chun I WU, Steven PAN, ASH Tower Limited, CDIB, CHT Security Corporation, Jade Stone Jinghua Limited Partnership Fund, JAFCO Asia, MediaTek, Simplo Technology Group, TA YA Electric Wire & Cable, TA YA Venture Capital |