Blockchain and AI infrastructure company Gency AI announced the completion of a $20 million funding round, with participation from TikTok, HFO, XYZ, Streamlined Ventures, Hat-Trick Capital, Arksteam, MH Ventures, ViaBTC, and Basics Capital. The company is currently exploring the advertising market, introducing on-chain verifiable credentials and automated revenue distribution mechanisms. Utilizing smart contracts and privacy-preserving computation technology, ad impressions, conversion results, and revenue distribution can all be independently verified and automatically settled. The new funds will be used to expand its decentralized ad execution and settlement network, strengthen its privacy-preserving computation stack, and accelerate product deployment and ecosystem partnerships in North America, Asia, and Europe. (Globenewswire)