On November 17, 2025, Kaspa Ecosystem Foundation (KEF) issued a public disclaimer clarifying its non-affiliation with Kaspa Finance - a DeFi project built on Kaspa's Layer 2 network Kasplex. While KEF provided grant support for kaspavisualizer.com developed by the web3geeks.com team, KEF explicitly stated it has not invested in the team's other projects, Kaspa Finance and kaspabridge.com, nor will it do so in the future.
KEF issued a risk advisory emphasizing that neither Kaspa Finance nor its bridge service are affiliated with Kaspa Core or the foundation, urging users to conduct thorough research before using any swap or bridge services due to potential centralized risks.
Despite the clarification, KEF expressed goodwill toward the project while encouraging other projects and developers to seek support through the foundation's official channels.