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Blockchain and AI Infrastructure Company Gency AI Completes $20 Million Funding Round with TikTok as Investor
CryptoWorld News reports that blockchain and artificial intelligence infrastructure company Gency AI has announced the completion of a $20 million funding round, with investments from TikTok, HFO, XYZ, Streamlined Ventures, Hat-Trick Capital, Arksteam, MH Ventures, ViaBTC, and Basics Capital. The company is currently primarily exploring the advertising market, introducing on-chain verifiable credentials and automated revenue distribution mechanisms. By utilizing smart contracts and privacy-preserving computation technologies, ad impressions, conversion results, and revenue sharing 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 computation stack, and accelerate product deployment and ecosystem collaborations across North America, Asia, and Europe.