KAIO Secures $8 Million in Funding from Tether to Revolutionize Emirati Fund Tokenization
In a strategic funding round, KAIO has raised $8 million with the support of Tether and other prominent crypto and institutional investors. This investment brings the company's total funding to $19 million, with new participants including Systemic Ventures and returning investors such as Further Ventures and Laser Digital. KAIO specializes in creating infrastructure that enables asset managers to distribute their funds on blockchain rails. The firm has successfully tokenized products from leading companies like BlackRock, Brevan Howard, and Hamilton Lane, making them available through blockchain-based systems. With this new funding, KAIO plans to expand its offerings to include credit, structured investments, and exchange-traded funds, as well as launch an on-chain fund in collaboration with Mubadala Capital, an Emirati private equity firm with $385 billion in assets under management. By tokenizing institutional funds, KAIO aims to lower the barriers to entry for investors, with minimum investments starting at $100 for eligible users. Tether's involvement in the project is expected to facilitate the flow of stablecoin capital into regulated investment products. According to Tether CEO Paolo Ardoino, 'KAIO's innovative approach unlocks new opportunities for capital formation and investment by bringing institutional-grade assets on-chain and making them more widely accessible, thereby expanding participation in global financial markets.' KAIO's platform prioritizes compliance, embedding it into its system and supporting regulated distribution frameworks in key jurisdictions such as Abu Dhabi, the Cayman Islands, and Singapore. To date, the company has tokenized approximately $100 million in assets and processed over $500 million in transactions.