PANews, March 17: According to GlobeNewswire, AI and blockchain infrastructure company Gency AI has announced the completion of a $20 million new funding round, with investors including TikTok, HF0, XYZ, Streamlined Ventures, Hat-Trick Capital, Arksteam, MH Ventures, ViaBTC, and Basics Capital. The company will use the funds to expand its decentralized ad execution and settlement network, enhance its privacy computing technology stack, and accelerate product deployment and ecosystem partnerships in North America, Asia, and Europe. Gency AI enables automated and transparent settlement of ad impressions, conversion outcomes, and revenue distribution through on-chain verifiable credentials and smart contracts, addressing key challenges such as lengthy ad settlement cycles and opaque attribution and data ownership.
Gency AI Completes $20M Funding Round to Expand Decentralized Advertising Network
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Summary
Gency AI announced a $20 million funding round led by TikTok, HF0, XYZ, and others. The AI and crypto news project will use the funds to enhance its network infrastructure, expand its decentralized advertising network, and advance its privacy technologies. The platform leverages on-chain credentials and smart contracts to automate ad tracking and revenue sharing. Gency AI aims to address settlement delays and data ownership challenges in digital advertising. The network upgrade will support global expansion across North America, Asia, and Europe.
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