Gency AI Raises $20 Million for Decentralized Ad Network Expansion
AI and blockchain infrastructure company Gency AI has secured $20 million in funding to expand its decentralized advertising execution and settlement network. The investment round included participation from TikTok, HF0, XYZ, and ViaBTC.
Gency AI utilizes on-chain verifiable credentials and smart contracts to automate and bring transparency to ad impressions, conversion tracking, and revenue distribution. This approach aims to address issues like prolonged settlement cycles and a lack of clarity in financial reconciliation by shifting from "platform trust" to "protocol trust." The company's technology stack also incorporates privacy-preserving computation, including TEE, PSI, and MPC, to secure sensitive data.
The funds will support scaling the network, enhancing its privacy-preserving technology, accelerating product deployment, and fostering strategic collaborations in North America, Asia, and Europe. Gency AI seeks to build a more verifiable, transparent, and efficient infrastructure for the advertising economy.
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