KIVO raises $5M early round from BitBT Ventures to build SocialFi app
What's the deal? KIVODealroom has a profile for this one. Try Dealroom →, a Web3 social finance startup, has secured $5 million in early-stage funding from BitBT Ventures, announced in October 2026. The firm backed KIVO to build what it called a "full-stack SocialFi infrastructure for the next generation of Web3 users."
What's the endgame? KIVO wants to merge social interaction with trading, payments and digital assets inside one consumer app, under the pitch "One app. Infinite ecosystems." It aims to cut the friction of users jumping between separate apps to find markets, follow communities and manage assets.
What's it building? Its first core product, KIVO Predict, is a social-first prediction market aggregator that pools markets and liquidity from multiple venues into one interface. The roadmap also spans KIVO AI, built on AStarterDealroom has a profile for this one. Try Dealroom →'s infrastructure, plus KIVO Terminal, KIVO Vault, and a planned $KIVO utility token for staking and governance.
Why now? KIVO is expanding internationally through industry events, following appearances in Dubai and around TOKEN2049 Singapore. It plans further outreach tied to Abu Dhabi in December 2026 and Web3 events across several cities in 2027.
What could go wrong? The announcement gives no valuation, round structure, or user numbers, so the deal reads as a vote of confidence rather than proof of product-market fit. Decentralized social products have long struggled with fragmented networks and clunky user experiences.
The signal: The round lands as established SocialFi projects keep searching for sustainable models — Farcaster has changed hands and LensDealroom has a profile for this one. Try Dealroom → has shifted stewardship. KIVO's bet is that bundling social and finance can make crypto apps more consumer-friendly; its payoff depends entirely on turning that pitch into sustained usage.
Read more: openpr.com
Image credit: Generated with Gemini
