Jump Crypto, Accel, and Prosus Ventures Lead $43.5M Funding Round for Web3 Protocol KGeN

KGeN, a Web3 protocol specializing in verified user distribution, has secured $13.5 million in a strategic funding round led by Jump Crypto, Accel, and Prosus Ventures. This brings the project's total funding to $43.5 million, following earlier seed and ecosystem rounds.

The capital will fuel expansion of KGeN's Verified Distribution Protocol, infrastructure stack, and loyalty framework across 60+ countries. The protocol's POGE system transforms user reputation into portable on-chain assets, serving AI, DeFi, and gaming ecosystems with 38.9 million verified users and $48.3 million annualized revenue.

Jump Crypto's CIO Saurabh Sharma highlighted KGeN's potential to introduce accountability into digital distribution models. The protocol currently supports 780,000 daily active users through its identity verification and on-chain loyalty programs.