Kaia (ex Klaytn) closed funding round

April 30, 2025

Asia-focused L1 EVM blockchain Kaia (ex Klaytn) closed funding round led by Blockchain Capital, 1kx, with participation from Galaxy Digital, The Spartan Group, IDG Capital, Mirana Ventures, SNZ Holding, Comma3 Ventures, Caladan, Lingfeng Innovation Fund (LIF), Waterdrip Capital, MEXC Ventures.

Kaia is a high-performance Layer 1 EVM-compatible blockchain formed through the merger of Kakao’s Klaytn and LINE’s Finschia networks. It aims to accelerate Web3 adoption across Asia by offering rapid transaction speeds (1-second finality), low gas fees, and seamless integration with popular messaging apps like KakaoTalk and LINE. Kaia’s infrastructure supports a wide range of decentralized applications, including DeFi, gaming, and real-world asset tokenization, making it a robust platform for developers and users alike.

You can find all funding rounds, links, and details on the project page Kaia (ex Klaytn)