Founder of Kaito AI: Recently used approximately $1.4 million in personal funds to purchase 1 million KAITO tokens

金色财经
金色财经|Mar 21, 2025 14:42
According to a report by Golden Finance, Yu Hu, founder of Kaito AI, announced on X platform that he has recently used approximately $1.4 million in personal funds to purchase 1 million KAITOs and pledged all the tokens. He is currently the second largest KAITO mortgagor on the chain. The lock up period for these tokens will be set in relation to milestones, that is, unlocking 50% when Kaito protocol revenue reaches $50 million and unlocking 100% when Kaito protocol revenue reaches $100 million. The reasons for this will be explained later.
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