KAIO Secures $8M in Funding from Tether to Revolutionize Emirati Fund Tokenization
KAIO, a tokenization firm regulated by the Abu Dhabi authorities, has announced the successful completion of an $8 million strategic funding round, backed by prominent investors including Tether and several other notable crypto and institutional players. This investment brings the company's total funding to $19 million, with new participants such as Systemic Ventures and returning investors like Further Ventures and Laser Digital, in addition to earlier backers including Brevan Howard Digital. KAIO is focused on creating infrastructure that enables asset managers to distribute their funds on the blockchain. The company has already developed tokens for products from major firms like BlackRock, Brevan Howard, and Hamilton Lane, making these products accessible through blockchain-based systems. With this new funding, KAIO plans to expand its offerings into areas such as credit, structured investments, and exchange-traded funds, with the goal of launching an on-chain fund in collaboration with Mubadala Capital, a private equity firm from the UAE with $385 billion in assets under management. By tokenizing institutional funds, KAIO aims to significantly lower the barriers to entry for investors, with minimum investment requirements starting at $100 for eligible users, substantially below the typical thresholds for institutional investments. The involvement of Tether, given its stablecoin USDT's widespread use and $185 billion supply, is expected to facilitate the flow of liquidity into regulated investment products. According to Paolo Ardoino, CEO of Tether, "KAIO's innovative approach opens up new avenues for capital formation and investment by making institutional-grade assets more accessible on the blockchain, thus expanding participation in global financial markets." KAIO's platform is designed with compliance in mind, supporting regulated distribution frameworks in key jurisdictions including 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.