Coinbase Ventures Invests in Kite for AI Payments, Revolutionizing Financial Infrastructure

Coinbase Ventures has invested in Kite, a company dedicated to building AI payment systems using the x402 standard. This investment highlights the growing interest in AI-powered payments and their potential to transform financial infrastructure. 🤝 By investing in Kite’s technology, Coinbase Ventures is supporting the development of next-generation economic backbones for autonomous agents that can handle trillions of transactions seamlessly. 🚀