Tether Backs Abu Dhabi Tokenization Startup Kaio With $8M Investment

Gate News message, April 21 — Kaio, an Abu Dhabi-regulated tokenization firm, announced on April 20 that it raised $8 million from Tether and other investors to build infrastructure for distributing traditional assets on blockchain networks.

The funding round brings Kaio's total capital to $19 million, with participation from Systemic Ventures, Further Ventures, Laser Digital, and Brevan Howard Digital. Kaio packages funds from firms including BlackRock and Hamilton Lane for on-chain distribution and plans to expand into credit, structured investments, and exchange-traded funds.

The company expects to launch an on-chain fund with Mubadala Capital and currently manages approximately $100 million in assets while having processed over $500 million in transactions.