KAIO Secures $8 Million in Funding from Tether to Revolutionize On-Chain Investment in the UAE
In a strategic funding round led by Tether, alongside other prominent crypto and institutional investors, KAIO has successfully raised $8 million, bringing its total funding to $19 million. The round saw the participation of new investors, including Systemic Ventures, as well as returning investors such as Further Ventures, Laser Digital, and Brevan Howard Digital. KAIO is dedicated to creating infrastructure that enables asset managers to distribute funds on the blockchain. The company has tokenized products from renowned firms like BlackRock, Brevan Howard, and Hamilton Lane, making them accessible through blockchain-based systems. With this investment, KAIO plans to expand its product offerings to include credit, structured investments, and exchange-traded funds. The firm is also set to launch an on-chain fund in collaboration with Mubadala Capital, a prominent 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, significantly lower than the typical thresholds for institutional funds. The involvement of Tether, with its stablecoin USDT boasting a $185 billion supply, is expected to channel liquidity into regulated investment products. According to Tether CEO Paolo Ardoino, 'KAIO's unique position 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.' KAIO's platform is designed to embed compliance into its system, supporting regulated distribution frameworks in 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.