Back to Feed
Fintech▲ 80
Tether Invests $8 Million in UAE Tokenization Firm KAIO
CoinDesk·
Tether has led an $8 million funding round for Abu Dhabi-regulated tokenization firm KAIO, bringing its total funding to $19 million. KAIO develops blockchain infrastructure to enable asset managers to tokenize and distribute institutional funds, lowering investment barriers with minimums as low as $100. The company plans to expand into credit, structured products, and ETFs, and launch an onchain fund with Mubadala Capital. This strategic investment aims to channel USDT stablecoin liquidity into regulated investment products, making institutional-grade assets more accessible globally.
Tags
fintech
crypto
funding
Original Source
CoinDesk — coindesk.com