KAIO, a tokenization firm based in Abu Dhabi, has secured $8 million in strategic funding from Tether and other investors, bringing its total funding to $19 million. The company aims to create a blockchain-based platform that allows asset managers to distribute traditional funds onchain. With this investment, KAIO plans to expand its offerings to include credit, structured investments, and exchange-traded funds, in addition to launching an onchain fund with Mubadala Capital, a private equity firm with $385 billion in assets under management. By tokenizing institutional funds, KAIO seeks to reduce the barriers to entry for investors, with minimum investments starting at $100.
The firm's platform is designed to embed compliance and support regulated distribution frameworks, having already tokenized around $100 million in assets and processed over $500 million in transactions.