EarnOS raises $6M from 1kx, Circle, and Coinbase to fight AI-generated internet traffic

The startup's ero app rewards users for proving they're human, backed by $18.5M in total strategic funding at launch

by Editorial Team

Wed 17 Jun 2026 · 11:03 EDT 2 min read

In Finance

Coinbase Global, Inc. (COIN) price

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Market cap: $42.8B (shares as of 2026-06-30)
P/E (trailing): Not meaningful: trailing loss. Diluted EPS −3.79 for 2025-07-01 to 2026-06-30, rolled from reported annual and year-to-date EPS (approximate) SEC filing
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Company	Price	Market cap	P/E (trailing)	Forward P/E	Annual revenue (USD)	Annual revenue growth	Annual net income (USD)	Operating margin
Coinbase Global, Inc. COIN · Price dated Oct 28, 2026 · tokenized COINx	$162	$42.8B	Not meaningfulLoss, diluted EPS −3.79 to 2026-06-30 · SEC filing	Unavailable	$7.2BFY ended 2025-12-31 · 10-K	+9.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K	1,260,327,000FY ended 2025-12-31, attributable to the company · 10-K	20.0%FY ended 2025-12-31
Strategy Inc MSTR · Price dated Oct 28, 2026 · tokenized MSTRx	$145	Unavailable	Not meaningfulLoss, diluted EPS −96.98 to 2026-06-30 · SEC filing	Unavailable	$477.2MFY ended 2025-12-31 · 10-K	+3.0%FY ended 2025-12-31 vs 2024-12-31 · 10-K	−3,848,152,000FY ended 2025-12-31, attributable to the company · 10-K	−1,140.8%FY ended 2025-12-31
Circle Internet Group, Inc. CRCL · Price dated Oct 28, 2026 · tokenized CRCLx	$82	Unavailable	16.4	Unavailable	$2.7BFY ended 2025-12-31 · 10-K	+63.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K	−69,508,000FY ended 2025-12-31, attributable to the company · 10-K	−3.5%FY ended 2025-12-31
Bitmine Immersion Technologies, Inc. BMNR · Price dated Oct 28, 2026 · tokenized BMNRx	$22	$13.3B	Not meaningfulLoss, diluted EPS −4.50 to 2026-05-31 · SEC filing	Unavailable	$6.1MFY ended 2025-08-31 · 10-K	+84.1%FY ended 2025-08-31 vs 2024-08-31 · 10-K	348,577,000FY ended 2025-08-31, attributable to the company · 10-K	7,288.1%FY ended 2025-08-31

Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.

Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 29, 2026, 12:47 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.

More than half of all internet traffic is now generated by bots and AI. EarnOS thinks that’s a problem worth solving, and it just raised the money to try.

The company behind the ero mobile app announced a $6 million Pre-Series A round led by 1kx, with Coinbase Ventures and Circle Ventures among the participants. That equity raise is paired with a four-year, $12.5 million non-dilutive strategic investment from Verona, bringing the total funding at launch to $18.5 million.

The ero app officially exited beta on June 17, positioning itself as what the company calls “the internet’s reward program.” Users get paid for engaging with brands in ways that prove they’re actual humans.

How ero works and why brands are paying attention

Ero’s answer is zkTLS, a cryptographic verification technology that validates user actions without exposing personal data. The technology creates proof that a real person completed a real action, whether that’s watching a video, visiting a page, or interacting with a product.

Brands post “reward missions” on the platform. Users complete them. The app verifies the engagement was authentic, and users earn rewards.

Over $30 million in annualized rewards have been pledged by brands on the platform. The beta exit is happening across four countries.

The funding trail and who’s backing the bet

This isn’t EarnOS’s first time raising capital. The company closed a $5 million seed round in January 2025, led by Escape Velocity.

Coinbase runs the largest US crypto exchange, and Circle issues USDC, the second-largest stablecoin by market cap. Their involvement suggests a thesis that verified human engagement could become a core primitive in crypto-native commerce and payments.

The $12.5 million from Verona is structured as a non-dilutive investment over four years, meaning EarnOS’s existing equity holders aren’t getting diluted by the largest chunk of the funding.

Harrison Kennedy was also appointed as Head of Growth Strategy, with a mandate focused on building what the company describes as a “Verified Internet.”

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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