KAIO, a UAE-based tokenization company, has secured $8 million in funding from Tether and other investors, bringing its total funding to $19 million. The company is developing infrastructure to enable asset managers to distribute their funds on the blockchain. KAIO has already created tokens for products from prominent firms such as BlackRock, Brevan Howard, and Hamilton Lane, making them accessible through blockchain-based systems. With this new investment, KAIO plans to expand its offerings to include credit, structured investments, and exchange-traded funds, including a forthcoming on-chain fund with Mubadala Capital.
By tokenizing institutional funds, KAIO aims to reduce the barriers to entry for investors, with minimum investments starting at $100. Tether's involvement in the project is expected to facilitate the flow of stablecoin capital into regulated investment products. According to Tether CEO Paolo Ardoino, KAIO's platform has the potential to unlock new pathways for capital formation and investment by making institutional-grade assets more accessible on the blockchain.
KAIO's platform is designed with compliance in mind, supporting regulated distribution frameworks in several 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.