Coinbase Exchange and Coinbase Advanced have enabled full trading support for the KITE token, including limit, market, and stop orders. The platform initially launched spot trading for the KITE-USD pair on November 3, 2025, with full order functionality following on November 4, 2025.
Kite is a proof-of-stake Layer-1 blockchain built for the agentic economy, where AI agents perform autonomous on-chain transactions. The KITE token is used for transaction fees, network staking, and protocol governance.
The project secured $33 million in total venture funding by late 2025, including an $18 million Series A round in September 2025. Key investors include Coinbase Ventures and PayPal Ventures.
At its launch, the token had an initial market capitalization of approximately $159 million and a fully diluted valuation near $883 million. The circulating supply ranges from 1.8 billion to 2.5 billion tokens out of a 10 billion maximum supply.
Following an incident that paused transfers on Ethereum, a contract migration occurred in August 2026. The initial debut of the token on Coinbase generated trading volume in the hundreds of millions.
