Solana network has announced the tokenization of Mubadala Capital’s Alternative Solutions Fund via KAIO, securing $75 million in commitments from traditional
- Mubadala Capital has launched its Alternative Solutions Fund as a tokenized product on the Solana, Base, and Sui blockchains.
- The initiative, in partnership with Coinbase and KAIO, aims to make private markets and on-chain fundraising accessible to global investors, securing $75 million in commitments.
- This move by the Abu Dhabi sovereign wealth fund arm brings its private markets strategy onto the blockchain, expanding its audience and fostering crypto and DeFi adoption.
Topics: Asset types, Infrastructure providers, Blockchain usage, Institutional adoption, Private credit, Tokenization platforms, Layer 2 scaling, Asset manager initiatives
Tags: #mubadalacapital #tokenizedfund #solana #base #sui #kaio #coinbase #privatemarkets #onchainfundraising #sovereignwealthfund