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Abu Dhabi tokenization platform KAIO completes $8 million strategic financing, led by Tether and others.

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3 hours ago
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PANews April 20 news, according to CoinDesk, the regulated tokenization platform KAIO in Abu Dhabi announced the completion of 8 million USD in strategic financing, with participation from Tether and several cryptocurrency and institutional investors, bringing total financing to 19 million USD. KAIO builds infrastructure to support asset managers in tokenizing funds from institutions such as BlackRock, Brevan Howard, and Hamilton Lane, with a minimum investment threshold for qualified investors of approximately 100 USD. The company plans to expand into credit, structured products, and ETF, and launch on-chain funds with Mubadala Capital, while also introducing USDT liquidity into compliant investment products. Currently, KAIO manages approximately 100 million USD in assets, having processed over 500 million USD in transactions.

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