While traditional cross-border payment systems have struggled with lengthy processing times and high fees for decades, Keeta Network has emerged as a formidable challenger in the financial technology landscape. Founded in 2022, this Layer-1 blockchain has garnered significant attention following a $17 million funding round led by former Google CEO Eric Schmidt in June 2023, which valued the company at $75 million.
Keeta’s technological infrastructure offers compelling advantages over legacy systems like SWIFT. The network utilizes a Delegated Proof of Stake consensus mechanism combined with a DAG-based structure, enabling parallel transaction processing. This architecture allegedly delivers 10 million transactions per second with 400ms settlement times—dramatically faster than the typical seven-day processing period in traditional systems. The delegated staking model allows token holders to contribute to network validation without requiring technical expertise, making participation more accessible.
Revolutionary speed meets scalability in Keeta’s architecture, processing millions of transactions in milliseconds while traditional systems take days.
“Keeta’s technology is orders of magnitude more scalable,” remarked Schmidt, whose endorsement has bolstered the network’s credibility within both blockchain and traditional finance circles. The platform’s built-in compliance and KYC protocols address regulatory concerns that have historically limited blockchain adoption in cross-border payments.
Cost efficiency represents another significant advantage, with Keeta claiming 50-70% lower fees compared to conventional methods. CEO Ty Schenk has emphasized making international payments as easy as using popular apps like Venmo. The network primarily targets transactions below $1 million, positioning itself to serve both institutional and retail markets across various jurisdictions.
The platform’s native KTA token has demonstrated remarkable market performance since its March 2025 launch, surging over 2500% in value. With 400 million tokens in circulation from a total supply of 1 billion, KTA has attracted 6,500 holding addresses and accumulated more than $70 million in total value locked. Some platforms currently offer 55.0% APY for KTA staking. The recent listing on Bitrue has further enhanced market accessibility and liquidity for investors interested in the token.
Despite its potential, Keeta faces substantial challenges. The company must substantiate its ambitious scalability claims, navigate complex regulatory environments across different countries, and balance decentralization principles with its cloud infrastructure dependencies.
As Keeta transitions beyond its invitation-only pilot program, its ability to build trust and adoption within traditional finance sectors will determine whether it can truly transform global payment systems.
