Tether Leads $8M Funding Round for UAE’s KAIO
- Tether led an $8 million funding round for Abu Dhabi-based tokenization firm KAIO on April 20, bringing the firm’s total capital raised to $19 million.
- KAIO has processed over $500 million in transactions and manages approximately $100 million in assets under management (AUM).
- The firm collaborates with major financial entities such as Blackrock, Nomura, First Abu Dhabi Bank, Brevan Howard, Chainlink Labs, and Hamilton Lane funds.
- KAIO plans to launch an onchain fund with Mubadala Capital, part of Abu Dhabi’s sovereign wealth fund managing around $385 billion in assets.
- The investment aims to channel Tether’s USDT into regulated investment products focusing on cross-border capital flows in emerging markets and the UAE.
KAIO is expanding its onchain fund distribution infrastructure to lower entry barriers for institutional-grade products, allowing qualified investors access with minimal investments compared to traditional structures.
This strategic funding by Tether highlights its ongoing effort to extend stablecoin liquidity into regulated investment platforms beyond payments. ( Source)
