Kite Launches Kite Chain and Kite Agent Passport, Enabling Autonomous AI Agent Payments
Summary
Kite has officially transitioned from testnet to mainnet with the introduction of Kite Chain and Kite Agent Passport. This platform provides a specialized infrastructure for autonomous AI agents, featuring a stable settlement layer and secure, programmable wallets that allow agents to make purchases while maintaining user-defined spending limits. Supported by $35 million in funding from investors like PayPal Ventures and General Catalyst, Kite integrates with major industry protocols and is currently piloting use cases with partners like Shopify and PayPal.
(Source:BeInCrypto)