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 is focused on creating tokens for traditional funds, making them accessible through blockchain-based systems, and has already tokenized products from notable 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 the goal of launching an on-chain fund in partnership with Mubadala Capital, a private equity firm managing $385 billion in assets. By tokenizing institutional funds, KAIO aims to lower the minimum investment threshold to $100 for eligible users, significantly reducing the typical barriers to entry. Tether's involvement in the project is expected to leverage the stablecoin's vast liquidity, with USDT boasting a $185 billion supply, to channel funds into regulated investment products. According to Tether CEO Paolo Ardoino, "KAIO's innovative approach unlocks new avenues for capital formation and investment by bringing institutional-grade assets on-chain and making them more widely accessible, ultimately expanding participation in global financial markets." KAIO's platform prioritizes compliance, embedding it into the 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.