Coinbase Exchange activates full trading for KITE-USD pair

KITE, the native token of an AI-focused Layer-1 blockchain, is now fully tradeable on Coinbase Exchange and Coinbase Advanced with limit, market, and stop order support. The activation on November 4, 2025, came just one day after the token’s initial spot trading launch on the platform.

What is KITE and why does Coinbase care

Kite network is a proof-of-stake Layer-1 blockchain designed around a concept its creators call the “agentic economy.” The basic idea: AI agents should be able to carry out financial transactions autonomously, verifiably, and on-chain.

The KITE token serves triple duty within that ecosystem. It handles transaction fees, powers staking for network security, and functions as the governance token for protocol decisions.

The project has attracted serious venture capital attention. Kite raised $33 million in total funding by late 2025, anchored by an $18 million Series A round that closed in September 2025. The investor list includes PayPal Ventures and Coinbase Ventures.

At launch, KITE carried an initial market capitalization of roughly $159 million, with a fully diluted valuation approaching $883 million.

The listing mechanics

Coinbase rolled this out in two stages. On November 3, 2025, KITE-USD spot trading went live with basic functionality. A day later, the exchange added limit orders, market orders, and stop orders across both Coinbase Exchange and Coinbase Advanced. KITE’s debut generated hundreds of millions in trading volume.

The AI-blockchain intersection heats up

KITE’s circulating supply sits between 1.8 billion and 2.5 billion tokens against a maximum supply of 10 billion, meaning somewhere between 75% and 82% of the total supply hasn’t hit the market yet.

A contract migration that took place in August 2026 following an incident that paused transfers on Ethereum adds another layer of complexity to the token’s history.

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