KAIO Receives $8M in Funding from Tether to Revolutionize On-Chain Investments in UAE
In a recent strategic funding round, KAIO has secured $8 million in investments from Tether and other prominent crypto and institutional investors. This brings the company's total funding to $19 million, with new investors including Systemic Ventures and repeat investors such as Further Ventures and Laser Digital. KAIO creates infrastructure that enables asset managers to distribute their funds on blockchain, having already tokenized products from firms like BlackRock, Brevan Howard, and Hamilton Lane. The company plans to expand its offerings to include credit, structured investments, and exchange-traded funds, with a forthcoming on-chain fund launch in partnership with Mubadala Capital, an Emirati private equity firm managing $385 billion in assets. By tokenizing institutional funds, KAIO aims to reduce the barriers to entry for investors, with minimum investments starting at $100 for eligible users. Tether's involvement in the funding round highlights the potential for stablecoin integration, with USDT's $185 billion supply often used for cross-border transactions. KAIO seeks to direct this liquidity into regulated investment products, with its platform incorporating compliance and supporting regulated distribution frameworks in 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. According to Tether CEO Paolo Ardoino, KAIO's innovative approach 'unlocks new pathways for capital formation and investment by bringing institutional-grade assets on-chain and making them more broadly accessible, helping expand participation in global financial markets.'