Overview
- KAIO, which announced the $8 million strategic round Monday, said Tether joined investors including Systemic Ventures, Further Ventures, Laser Digital and Brevan Howard Digital, bringing total funding to $19 million.
- Tether plans to plug USDT settlement into KAIO’s token issuance platform so investors can move money in and out of onchain funds using a dollar‑pegged stablecoin.
- KAIO said it will use the cash to upgrade technology, custody and compliance under regimes in Abu Dhabi, the Cayman Islands and Singapore while packaging tokenized versions of funds from managers such as BlackRock, Brevan Howard and Hamilton Lane.
- The company aims to lower minimums to about $100 for eligible users and reports it manages roughly $100 million with more than $500 million in transactions processed.
- Planned products include credit, structured investments and ETF‑style vehicles, and KAIO noted a proposed onchain fund with Mubadala Capital that will depend on regulatory approval.