Kaia Secures New Funding Round on August 27, 2019

According to industry sources, Kaia completed a new round of financing on April 29, 2025. Participating investors in this round included 1kx, Blockchain Capital, Galaxy Digital, The Spartan Group, Mirana Ventures, SNZ Holding, Waterdrip Capital, IDG Capital, Comma3 Ventures, and Caladan. To date, Kaia’s total cumulative funding has reached $90 million.Kaia is a project formed by the merger of Kakao’s Klaytn blockchain and LINE’s Finschia blockchain, dedicated to delivering Web3 services to hundreds of millions of users across Asia. As a leading EVM Layer 1 public blockchain, Kaia features a one-second block time and instant finality, offering the lowest transaction latency among mainstream public blockchains. This significantly enhances user experience and enables broader application scenarios requiring near real-time responsiveness.Since the merger of Klaytn and Finschia and the subsequent rebranding as Kaia in April 2024, the project has experienced rapid development. The Kaia mainnet officially launched in August 2024, followed by the rebranding of the KLAY token to KAIA in October. In 2025, several major exchanges began supporting Kaia, underscoring the project’s growing influence within the industry. With its superior technical performance and broad user base, Kaia is well positioned to play a pivotal role in the development of the Web3 market in Asia.

According to media reports, Kaia completed a $90 million Seed funding round on March 1, 2019. The round included participation from Hashed, IDG Capital, Ledger Capital, Crescendo Equity Partners, and Translink Capital.Kaia is a project formed by the merger of Kakao’s Klaytn blockchain and LINE’s Finschia blockchain, aiming to deliver Web3 services to hundreds of millions of users across Asia. As a leading EVM Layer 1 public blockchain, Kaia features a one-second block time and instant finality, delivering outstanding performance in transaction latency. This enables a seamless user experience and opens new possibilities for applications requiring near real-time responsiveness.In terms of development milestones, Kaia was first listed on major exchanges in June 2019. In April 2024, Klaytn and Finschia officially announced their merger and rebranding to Kaia, followed by the successful launch of the mainnet in August 2024. Notably, the original KLAY token was officially renamed to KAIA in October 2024. Currently, Kaia has received support from several major exchanges, demonstrating strong growth momentum.