Blockchain and AI infrastructure company Gency AI has completed a $20 million financing round, led by TikTok

Blockchain and artificial intelligence infrastructure company Gency AI announced the completion of a $20 million financing round, led by TikTok, with participation from HF0, XYZ, Streamlined Ventures, Hat-Trick Capital, Arksteam, MH Ventures, ViaBTC, and Basics Capital.

The company is currently focusing on the advertising market, introducing on-chain verifiable credentials and automated revenue distribution mechanisms. Utilizing smart contracts and privacy-preserving computing technologies, the number of ad impressions, conversion results, and revenue distribution can all be independently verified and automatically settled. The new funds will be used to expand its decentralized advertising execution and settlement network, strengthen the privacy-preserving computing stack, and accelerate product deployment and ecosystem collaboration in North America, Asia, and Europe.