KAIO Secures $8M in Funding from Tether to Revolutionize Emirati Fund Tokenization
In a strategic funding round, KAIO has successfully raised $8 million, with notable investors including Tether and several prominent 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. KAIO's mission is to create a platform that enables asset managers to distribute funds on the blockchain, making traditional products more accessible. The firm has already tokenized products from renowned companies like BlackRock, Brevan Howard, and Hamilton Lane, providing users with access to these funds through blockchain-based systems. With this new investment, KAIO plans to expand its offerings to include credit, structured investments, and exchange-traded funds. A key partnership with Mubadala Capital, a private equity firm managing $385 billion in assets, will facilitate the launch of an on-chain fund. By tokenizing institutional funds, KAIO aims to lower the barriers to entry for investors, with minimum investments starting at $100 for eligible users. The involvement of Tether, a leading stablecoin provider, will enable the channeling of liquidity 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, 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.