KAIO Completes $8 Million Strategic Funding Round with Participation from Tether and Others

Odaily News Abu Dhabi-regulated tokenization platform KAIO announced the completion of an $8 million strategic funding round, with participation from Tether and several crypto and institutional investors, bringing its total funding to $19 million. (CoinDesk)

According to the introduction, KAIO provides infrastructure for asset managers, supporting the tokenization and on-chain distribution of institutional funds from firms like BlackRock, Brevan Howard, and Hamilton Lane, with a minimum investment threshold for qualified investors of approximately $100. The company stated that it will subsequently expand into areas such as credit, structured products, and ETFs, and plans to collaborate with Mubadala Capital to launch on-chain funds while introducing USDT liquidity. (CoinDesk)