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Cryptocurrency News Articles
GT Protocol, a pioneer of one-stop AI-fueled execution platforms for cryptocurrency trading and investing platforms, strengthens its technology stack via its alliance with Kima, a cross-chain multi-purpose settlement layer.
Aug 05, 2024 at 05:30 pm
Kima, an asset-agnostic Web3 payments platform, announced a strategic partnership with GT Protocol, an innovative project behind blockchain AI execution technology.
GT Protocol, a Web3 company known for its AI-fueled execution platforms for cryptocurrency trading and investing, has announced a strategic partnership with Kima, a cross-chain multi-purpose settlement layer. This alliance will bolster GT Protocol’s technology stack and introduce new possibilities for the GTAI community.
Kima Network, an asset-agnostic Web3 payments platform, has announced a partnership with GT Protocol, the project behind blockchain AI execution technology. Kima’s integration will underpin GT Protocol’s native crypto investment platform.
The partnership involves integrating Kima’s settlement layer with GT Protocol’s platform, allowing users to use GT Protocol’s native GTAI utility token to facilitate cross-chain transactions within GT Protocol’s AI-powered application.
This cooperation is made possible by Kima’s unique tech design, which settles both interchain transactions and inter-ecosystem transactions, unlocking a new level of cross-network compatibility.
Eitan Katz, Kima CEO and co-founder, expressed enthusiasm for this collaboration at the intersection of blockchain, Web3 and AI:
We are constantly seeking to partner with innovative companies and projects that prioritize the user experience and deliver tangible value to the Web3 ecosystem. GT Protocol embodies this spirit, as their blockchain AI execution technology enables users to engage with digital assets in groundbreaking ways — all within a single app.
Kima’s settlement layer is designed to support a broad spectrum of applications, including cross-border transfers, crypto payment rails, DeFi borrowing and lending, gaming, tokenized real-world asset marketplaces, wallets, exchanges and more.
This collaboration opens up new avenues for GTAI community members to engage with the token. GT Protocol CEO and founder Peter Ionov shared his optimism about the promises of this new interaction for products and communities:
Working with Kima and its talented team to integrate has been an absolute pleasure. With Kima’s settlement layer powering our platform, we can provide our users with not just a mechanism to simplify GTAI cross-chain transactions, but to do so within a hyper-secure environment.
Integrating Kima’s flexible settlement layer aligns with GT Protocol’s vision of making Web3 accessible to everyone, from nonnative crypto users to institutional investors.
Positioned as Web3’s next-gen crypto investing platform, the GT App is now armed with a secure and interoperable solution to purchase and transfer GTAI tokens. This enhances the UX by making cross-chain transfers of GT Protocol’s native token seamless and secure via Kima’s advanced smart contract-free technology directly from its platform.
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