{"id":12128,"date":"2025-09-30T12:45:10","date_gmt":"2025-09-30T12:45:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/jump-crypto-accel-and-prosus-ventures-lead-43-5m-fundraising-round-for-kgen\/"},"modified":"2025-09-30T12:45:21","modified_gmt":"2025-09-30T12:45:21","slug":"jump-crypto-accel-and-prosus-ventures-lead-43-5m-fundraising-round-for-kgen","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/jump-crypto-accel-and-prosus-ventures-lead-43-5m-fundraising-round-for-kgen\/","title":{"rendered":"Jump Crypto, Accel, and Prosus Ventures lead $43.5m fundraising round for KGeN"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Web3 protocol KGeN has raised millions in a recent funding round, aimed at supporting and expanding its operations.<\/p>\n<div id=\"cn-block-summary-block_1b12936469ae3a1181880ea2f19d7693\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>KGeN secured $13.5 million in a new strategic round led by Jump Crypto, Accel, and Prosus Ventures, bringing total funding to $43.5 million.<\/li>\n<li>The funds will support the expansion of its Verified Distribution Protocol, infrastructure stack, and loyalty framework across over 60+ countries.<\/li>\n<li>The protocol verifies real users and turns reputation into a portable, on-chain asset across AI, DeFi, and gaming ecosystems.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to a statement shared with crypto.news, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/kgen.io\/\" target=\"_blank\" rel=\"nofollow\">KGeN<\/a>, a protocol focused on verified user distribution for Web3 applications, has raised $13.5 million in a strategic funding round. <\/p>\n<p>Investors in the round include Jump Crypto, Accel, and Prosus Ventures, bringing the total funding raised by the company to $43.5 million, following a $20 million seed round in January 2023 and a $10 million ecosystem round in November 2024.<\/p>\n<p>The project said the funds will be used to expand its identity and reputation framework, known as POGE, which supports user acquisition, commerce, and loyalty programs on-chain. <\/p>\n<p>KGeN operates in more than 60 countries with 38.9 million verified users, generating $48.3 million in annualized revenue and serving around 780,000 daily active users.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Jump Crypto CIO Saurabh Sharma said KGeN\u2019s model introduces more accountability into digital distribution, while Accel and Prosus Ventures noted the project\u2019s ability to deliver scale and measurable interactions.<\/p>\n<h2 class=\"wp-block-heading\">What is KGeN?<\/h2>\n<p>At the heart of the protocol is POGE, a privacy-preserving identity and reputation framework. POGE collects engagement data to support verified user acquisition, helping developers track participation in DeFi projects, games, and other Web3 applications.<\/p>\n<p>KGeN positions this approach as an alternative to Web2-style advertising and user acquisition, which often relies on anonymous or low-quality data.\u00a0The protocol is also active on the Aptos blockchain, where it <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/0xAzin\/status\/1972710959522459707\">has<\/a> over 18 million users and high transaction volumes.<\/p>\n<p>With the new funding, it aims to expand its infrastructure and support more projects focused on verified and incentivized user growth.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Web3 protocol KGeN has raised millions in a recent funding round, aimed at supporting and expanding its operations. Summary KGeN secured $13.5 million in a new strategic round led by&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12128"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12128\/revisions"}],"predecessor-version":[{"id":12130,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12128\/revisions\/12130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12129"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}