Abu Dhabi-regulated KAIO closed an $8M strategic round led by Tether, lifting total funding to $19M as it builds rails for Emirati institutional capital onchain. The firm has already tokenized over $200M from BlackRock, Brevan Howard, Hamilton Lane, and Laser Digital via its regulated fund manager, and previously partnered with Mubadala Capital on tokenized private market strategies. Tether backing a Gulf-regulated RWA platform fits the broader pattern of stablecoin issuers reaching upstream into asset origination rather than just minting against T-bills.

TLDR by @Benthic

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