According to CoinDesk, Tether participated in leading a $8 million strategic funding round for KAIO, a compliant tokenization platform in Abu Dhabi, bringing its total funding raised to $19 million. KAIO provides the infrastructure to bring institutional funds such as those from BlackRock, Brevan Howard, and others on-chain. The platform currently manages approximately $100 million in assets and plans to expand into credit, structured products, and ETFs.

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