Kaia Announces VC Investment, Led by Blockchain Capital and 1kx

Odaily News Kaia announced in X that it has received investment from top crypto venture capital institutions, led by Blockchain Capital and 1kx, with participation from Galaxy, The Spartan Group, IDG Capital, Mirana Ventures, SNZ Holding, Comma3 Ventures, Caladan, Lingfeng Capital, Waterdrip Capital and MEXC Ventures. The specific investment institutions have not yet been disclosed. Kaia is a merger of the Klaytn and Finschia blockchains originally developed by Kakao and LINE, respectively. It has the lowest transaction latency in EVM L1, with a 1-second block time and instant finality, which enables a smooth user experience and opens up possibilities for use cases that require near real-time responses.