Klaytn Foundation

What Klaytn Foundation does

Kaia DLT Foundation (operating as Kaia, the legal successor of the Klaytn Foundation after its February 2024 merger with Finschia Foundation) is an Abu Dhabi-based nonprofit foundation that operates an EVM-compatible Layer 1 blockchain purpose-built for stablecoin settlement and onchain finance across Asian markets. The network advertises 1-second block finality and serves a combined 250M+ wallet user base across its pre-merger Klaytn and Finschia footprints, with a captive consumer distribution channel via LINE NEXT's Unifi super-app and a developer ecosystem accessed through the Kaia Portal, Developer Hub, Docs, Faucet, and Bounties programs.

The product surface is organized as a full-stack onchain capital markets platform: Kaia is the core L1; Unifi (built by LINE NEXT) is the distribution engine; SuperEarn provides yield on stablecoins; Ratio orchestrates cross-currency FX; AlphaSec handles institutional perpetuals and derivatives; Hann Finance enables KAIA-collateralized stablecoin minting; and Galactica tokenizes real-world assets for institutional capital. Kaia Investment Partners (KIP), a partnership with Simsan Ventures, channels institutional and venture capital onto the chain via Yield8 (an onchain Asian private credit fund) and a stablecoin-focused venture fund. Supporting infrastructure includes KaiaScan (block explorer), the Kaia Portal (DeFi gateway), and developer tooling. Native USDT is live across six major Asian markets (Korea, Taiwan, Thailand, Philippines, Indonesia, India), and partnerships with JPYC, IDRX/IDRP, and KB Kookmin extend to JPY, IDR, and KRW stablecoin rails respectively.

The business model combines transaction/gas fee economics on the L1 with protocol services revenue (Kaia Portal, KaiaScan, enterprise-grade stablecoin issuance and settlement infrastructure). As a foundation, primary revenue accrues to validators and token holders rather than to the foundation itself, which is funded by grants, ecosystem fund management (KIP), and protocol service fees. The go-to-market is hybrid: product-led via self-serve developer tools and the Kaia Portal; community-led through regional social channels, Telegram, governance forums, and hackathons; and channel/enterprise-led via LINE NEXT (consumer distribution), Tether and stablecoin issuers (liquidity distribution), and direct institutional sales through banking partners and KIP (enterprise distribution). Key named customers and pilots include KB Kookmin (KRW stablecoin pilot) and gaming titles Lord Nine and Rohan2 Global (in-game stablecoin settlement at 30% of payments).

Name

Klaytn Foundation

Legal name

Kaia DLT Foundation

Website

https://klaytn.foundation

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Short description

Kaia is a Layer 1 blockchain foundation (formed from the Klaytn-Finschia merger) purpose-built for stablecoin settlement and onchain finance across Asian markets, serving banks, gaming studios, DeFi users, and 250M+ wallet users via embedded LINE NEXT integration and a full-stack DeFi/RWA product suite.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

akta.pro secondary industries

Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)

Keywords

• Layer 1 blockchain
• Stablecoin settlement
• Onchain finance
• DeFi infrastructure
• Real world assets

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Transaction/Gas Fees: Network generates revenue through transaction fees and gas fees from stablecoin settlements, DeFi operations, and onchain finance activities on the Kaia network
2. Protocol Services: Revenue from supporting infrastructure services including Kaia Portal, KaiaScan, developer tools, and enterprise solutions for stablecoin issuance and settlement

Go-to-market motion4 records

Distribution channels6 records

Marketing channels8 records

Core offering

Operates Kaia, an EVM-compatible Layer 1 blockchain built for stablecoin settlement and onchain finance across Asia. The foundation provides a 1-second block finality network supporting multi-fiat stablecoins (KRW, JPY, IDR, USDT), a suite of onchain capital markets engines (Unifi, SuperEarn, Ratio, AlphaSec, Hann Finance, Galactica), developer tools, and institutional RWA distribution.

Product overview

Kaia is a unified blockchain ecosystem serving as an EVM-compatible Layer 1 foundation for stablecoin settlement and onchain finance across Asia. The ecosystem is built around Kaia as the core Layer 1 blockchain, with a robust set of specialized engines: Unifi (distribution engine built by LINE NEXT), SuperEarn (yield engine), Ratio (FX orchestration engine), AlphaSec (perpetual futures engine), Hann Finance (minting engine), and Galactica (tokenized RWAs engine). Supporting infrastructure includes the Kaia Portal (DeFi gateway), Kaia Scan (block explorer), and Kaia Investment Partners (investment vehicle). The network enables remittances, payments, FX settlement, yield generation, and tokenized assets on a single high-speed network with 1-second block finality, integrated with LINE's messaging ecosystem reaching hundreds of millions of Asian users.

Differentiator

Problem solved

Functional benefit

Brands

• Unifi: Distribution engine built by LINE NEXT to unify DeFi offerings and stablecoin flows within everyday apps.
• SuperEarn
• Ratio
• AlphaSec
• Hann Finance
• Galactica

Products and services

• Kaia EVM-compatible Layer 1 blockchain for stablecoin settlement and onchain finance across Asia, offering 1-second block finality, multi-fiat stablecoin support (KRW, JPY, IDR, USDT), and infrastructure for remittances, payments, FX, yield, and tokenized assets.
• Unifi Super-app built by LINE NEXT that embeds stablecoin payments and onchain finance inside the LINE messaging ecosystem, powering mass adoption with seamless remittances, payments, and utility.
• SuperEarn Yield engine on Kaia enabling stablecoin holders to earn returns on USDT through curated onchain strategies designed for capital efficiency and sustainable returns.
• Ratio Onchain FX orchestration layer that coordinates stablecoins, liquidity, and settlement across Asia, enabling cross-border payments, FX routing, and treasury use cases within the Kaia ecosystem.
• AlphaSec Institutional-grade onchain perpetual futures engine powering high-performance FX and derivatives trading designed for deep liquidity environments within the Kaia ecosystem.
• Hann Finance Minting engine enabling users to use KAIA as collateral to unlock stablecoin liquidity without selling KAIA, turning idle assets into productive capital.
• Galactica Tokenized real-world assets engine connecting RWAs to onchain capital markets, bringing tokenized assets into Kaia's stablecoin and yield infrastructure.
• Kaia Portal Open DeFi portal providing a gateway for stablecoin settlement, bridge transactions, and onchain finance operations across Asia.
• KaiaScan Block explorer for the Kaia network enabling transaction verification, network monitoring, and gasless transaction funding.
• Kaia Developer Hub Developer documentation, tools, forum, faucet, gas fee support, and bounties programs for building applications on the Kaia blockchain.
• Kaia Investment Partners (KIP) Institutional investment vehicle spanning Yield8 (onchain Asian private credit fund) and a stablecoin-focused venture fund with Simsan Ventures, serving as the institutional gateway to Asian real-world assets on Kaia.

Quantifiable outcome

• 30% of in-game payments settled in stablecoins for live gaming titles
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature4 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• LINE NEXTflagshipStrategic or Co-development PartnerLINE NEXT is building Unifi, a super-app enabling stablecoin payments and onchain finance inside the LINE messaging ecosystem used by hundreds of millions across Asia. Unifi serves as Kaia's primary distribution engine for mass adoption.
• TetherflagshipTechnology or IntegrationNative USDT is live across Korea, Taiwan, Thailand, Philippines, Indonesia, and India on Kaia. Kaia USDT is positioned as the fastest and cheapest way to move USDT across major exchanges in Asia.
• KB KookminflagshipStrategic or Co-development PartnerSouth Korea's largest bank completed a pilot with Kaia for KRW Stablecoin Architecture covering KRW stablecoin issuance, offline merchant payments, and cross-border remittances. Strategic partnership for institutional KRW stablecoin settlement.
• JPYCcoreTechnology or IntegrationJPYC's onboarding to Kaia enables JPY-denominated payments, remittances, and onchain finance on the network. JPYC is Japan's regulated yen stablecoin provider.
• MorphocoreTechnology or IntegrationMorpho is integrated into Kaia's ecosystem as part of the DeFi infrastructure supporting onchain finance applications.
• Kaia Investment Partners (KIP)flagshipStrategic or Co-development PartnerKIP is building the institutional gateway to Asian real-world assets, spanning Yield8 (onchain Asian private credit fund) and a stablecoin-focused venture fund with Simsan Ventures.

Scale indicators5 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Tron: Tron is the incumbent Layer 1 for USDT stablecoin settlement and transfer across Asian exchanges. Kaia explicitly competes with Tron for USDT-based remittance, exchange settlement, and retail stablecoin payment flows across the same Asian markets.
• Stellar: Stellar is a payments-focused Layer 1 with established corridors for cross-border remittances and fiat stablecoin issuance. Kaia's multi-fiat stablecoin and remittance use cases directly overlap Stellar's positioning in Asian and emerging-market corridors.
• Polygon: Polygon is an EVM-compatible chain ecosystem widely used for payments, tokenization, and consumer applications. Kaia's EVM-compatible Layer 1 with consumer-facing distribution through LINE competes directly for the same developer and application mindshare.
• Avalanche: Avalanche is a high-performance Layer 1 with subnets widely used for tokenization, payments, and institutional finance. Kaia's institutional banking (KB Kookmin) and RWA (Galactica) play competes directly with Avalanche's institutional tokenization stack.
• Hedera: Hedera is an enterprise-focused distributed ledger with stablecoin issuance and tokenization use cases. Kaia's institutional banking and RWA strategy overlaps with Hedera's enterprise governance and regulated asset tokenization positioning.

Broad incumbents

• Ripple (XRP Ledger): Ripple is a broad incumbent in cross-border payments and settlement with deep banking relationships globally. Kaia's institutional KRW/JPY stablecoin settlement play with KB Kookmin competes for the same institutional FX and remittance mandates.
• Solana: Solana is a high-throughput Layer 1 with broad stablecoin settlement, payments, and consumer application usage. Kaia's 1-second finality and stablecoin-focused positioning competes for the same institutional and developer workloads.
• JPMorgan Onyx / Kinexys: JPMorgan's Onyx/Kinexys is a broad incumbent permissioned blockchain platform for institutional payments and tokenization. Kaia's KB Kookmin KRW stablecoin pilot competes with incumbent bank-led initiatives for institutional settlement mandates in Asia.

Emerging players

• Sei Network: Sei is a high-performance Layer 1 with a strong focus on trading and Asian-market liquidity. Kaia's AlphaSec derivatives engine and Asian FX focus compete for similar trading infrastructure workloads.
• Linea: Linea is ConsenSys's EVM-equivalent Layer 2 focused on consumer and institutional applications. As an EVM-compatible chain competing for consumer stablecoin and payments use cases, Linea represents emerging competition for Kaia's developer mindshare.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/klaytn_official
• Facebookfacebook.com/kaiachain

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Klaytn Foundation