Tether Leads $8M Strategic Funding Round for Tokenization Firm KAIO

iconAiCoin
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Tether led an $8 million funding round for KAIO, a tokenization firm licensed in Abu Dhabi, bringing its total funding to $19 million. KAIO enables asset managers to tokenize and allocate institutional capital on the blockchain with a $100 minimum investment. The company plans to expand into credit, structured products, and ETFs, and will launch an on-chain fund with Mubadala Capital. KAIO, which manages $100 million in assets and has processed over $500 million in transactions, aims to bring USDT liquidity into regulated investment products. This positions KAIO as a key player in the on-chain finance space.

Abu Dhabi-regulated tokenization company KAIO has completed an $8 million strategic funding round led by Tether, bringing its total funding to $19 million. KAIO provides infrastructure enabling asset managers to tokenize and distribute institutional funds on the blockchain with a minimum investment of $100. The company plans to expand into credit, structured products, and ETFs, launch an on-chain fund in partnership with Mubadala Capital, and bring USDT liquidity to regulated investment products. It currently manages approximately $100 million in assets and has processed over $500 million in transactions.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.