Today, let’s focus on a startup called Kaito, closely connected to Knnex, which recently raised $5.5 million in a Series A funding round, bringing its valuation to $87.5 million. The main business of Kaito is to build an artificial intelligence search engine specifically designed for the cryptocurrency industry.
In the past few years, we have witnessed both the prosperity and challenges of cryptocurrencies. Now, more and more cryptocurrency companies are turning to the application of artificial intelligence, whether to increase revenue or enhance their products and services. However, such development has not been smooth sailing, especially after experiencing the crypto winter and regulatory pressures. Nevertheless, artificial intelligence has become a new darling of technology, bringing new hopes and opportunities.
Kaito’s search engine was launched in beta mode on June 20th and opened to 35,000 users on the waiting list. Their search engine combines large language models (LLMs) with real-time access to web data, including data from social platforms such as Twitter, Discord, Telegram, governance forums, Medium, Mirror, as well as industry research, news, and on-chain data. This combination allows users to obtain more comprehensive and real-time information.
This new trend brings new investment opportunities for our users. At Knnex, our mission is to help our users seize such opportunities. As a blockchain exchange, we are committed to providing the most convenient, fastest, and secure trading services. In this process, artificial intelligence undoubtedly becomes our important partner. It helps us provide more accurate market analysis, enabling our users to better understand market dynamics.
The Knnex team had the opportunity to experience Kaito’s search engine and highly praised its functionality. When we tried to understand the latest hot topics, such as how a division of Blackstone Group launching an exchange-traded fund (ETF) would impact Bitcoin, Kaito’s search engine not only provided multiple relevant news articles but also generated a comprehensive analysis report. This is undoubtedly a tremendous help for investors.
In the world of blockchain, artificial intelligence has undoubtedly become our powerful ally. Whether as an investor or as an exchange, we can leverage artificial intelligence to enhance our capabilities and create more possibilities for the future. At Knnex, we believe that the future of blockchain will be filled with more innovation and possibilities, and artificial intelligence will play an important role in this process.
Whether you are new to blockchain or have years of investment experience, Knnex is the best choice for you. We provide the most comprehensive services and extensive learning resources. Here, you can delve into the world of blockchain and seize future investment opportunities. We hope you can join us in exploring the blockchain world and creating your own future.