Mubadala Capital brings private fund onchain via KAIO across Base, Solana and Sui

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Abu Dhabi's sovereign wealth-backed asset manager Mubadala Capital has entered the asset tokenization space by moving one of its private market funds onto blockchain networks. The firm partnered with KAIO to facilitate the tokenization across three networks: Base, Solana, and Sui. As part of the development, Coinbase has taken a stake in the onchain fund. The move reflects growing institutional interest in bringing traditional financial products onto public blockchain infrastructure.

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