What is Kaito?

Kaito is an AI-powered Web3 platform designed to aggregate, organize, and distribute cryptocurrency-related information across the ecosystem. It functions as an intelligence layer for crypto, using artificial intelligence to analyze large volumes of unstructured data from sources such as social media, research reports, and news platforms. The protocol aims to address information fragmentation in the crypto space by acting as a search and discovery engine, enabling users to access relevant insights more efficiently.

What is KAITO?

The native token of the protocol, KAITO, operates on the Base network and serves as the utility and governance token of the Kaito ecosystem, enabling participation in its AI-driven information network. It is used for governance, including voting on protocol and algorithm changes, and as a medium of exchange within the ecosystem. KAITO also helps shape the distribution of attention and information, aligning incentives between users, contributors, and data consumers. The token has a total supply of 1 billion units, with approximately 241.38 million KAITO in circulation at the time of this publication.

Risk Statement

Before trading any crypto assets it is important to understand the risks. This overview is a starting point for you to perform your own research prior to investing in a crypto asset.

No securities regulatory authority or regulator in Canada has evaluated or endorsed the Crypto Contracts or any of the crypto assets made available through the platform.

Wealthsimple has performed an assessment of whether KAITO can be supported by Wealthsimple's platform, including whether KAITO is a security and/or a derivative and is being offered in compliance with securities and derivatives laws.

We evaluated KAITO based on publicly available information, including (but not limited to):

• The creation, governance, usage and design of KAITO, including the source code, security and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that first created KAITO;
• The supply, demand, maturity, utility and liquidity of KAITO;
• Material technical risks associated with KAITO, including any code defects, security breaches and other threats concerning KAITO and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them;
• Legal and regulatory risks associated with KAITO, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of KAITO; and
• Statements made by regulators or securities regulatory authorities in Canada and other jurisdictions regarding whether KAITO, or generally about whether the type of crypto asset, is a security and/or a derivative.

Wealthsimple monitors ongoing developments related to crypto assets available on its platform for significant changes that may affect Wealthsimple's original assessment of those assets, including Wealthsimple's assessment of the application of securities and derivatives laws. Any significant changes relating to KAITO may result in changes to this Crypto Asset Statement and/or Wealthsimple's ability to support KAITO.

Like all other crypto assets, there are some general risks to investing in KAITO. These include short history risk, volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk, electronic trading risk and cyber security risk. Please review the Wealthsimple Crypto Product Risk Disclosure for additional discussion of general risks associated with the crypto assets made available through the platform.

We emphasize that this Crypto Asset Statement is not exhaustive of all risks associated with trading KAITO. Investors should perform their own assessment to determine the appropriate level of risk for their personal circumstances.

Wealthsimple is offering Crypto Contracts in reliance on a prospectus exemption contained in the exemptive relief decision Re Wealthsimple Investments Inc. dated December 18, 2023 (the Decision).

The statutory rights of action for damages and rescission in section 130.1 of the Securities Act (Ontario), and, if applicable, similar statutory rights under securities legislation of other jurisdictions of Canada, do not apply in respect of this Crypto Asset Statement to the extent a Crypto Contract is distributed under the prospectus relief in the Decision.

Last Updated: May 4, 2026