The sovereign wealth-backed asset manager tapped KAIO to bring one of its private market funds onchain across Base, Solana and Sui networks.

  • Mubadala Capital has launched a tokenized version of one of its private markets strategies for qualified investors, using infrastructure from UAE-based tokenization firm KAIO.
  • The fund, available on Coinbase’s Base network, Solana and Sui, has already attracted about $75 million in onchain assets, and Coinbase is taking exposure to it on its own balance sheet.
  • Mubadala’s move adds to a growing wave of major asset managers embracing tokenized funds, as Wall Street projects trillions of dollars in tokenized securities and the UAE positions itself as a hub for tokenized finance.
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Crypto Flows, Share and the Selective Rotation

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Why it matters :

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Sam Altman-backed World Network secures $52.5 million in fresh funding to fight online AI deepfakes

Institutional crypto trading platform LMAX is exploring sale, IPO

Crypto market maker B2C2 held sale talks with multiple potential buyers

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