Gency AI raises $20 million to expand its decentralized advertising network.

PANews reported on March 17th that Gency AI, an AI and blockchain infrastructure company, announced the completion of a new $20 million funding round. Investors include TikTok, HFO, XYZ, Streamlined Ventures, Hat-Trick Capital, Arksteam, MH Ventures, ViaBTC, and Basics Capital. The company will use the funds to expand its decentralized ad execution and settlement network, strengthen its privacy computing technology stack, and accelerate product rollout and ecosystem partnerships in North America, Asia, and Europe. Gency AI uses on-chain verifiable credentials and smart contracts to automate and transparently settle ad impressions, conversion results, and revenue distribution, addressing key issues such as long ad settlement cycles and opaque attribution and data ownership.