CoinDesk·4 min read·hard
Abu Dhabi's Mubadala Capital joins tokenization push as Coinbase takes stake in onchain fund
K
Krisztian Sandor
✦AI Summary
Abu Dhabi's Mubadala Capital has launched a tokenized private markets fund on the blockchain, utilizing infrastructure from the firm KAIO. Coinbase has also taken an investment stake in the fund, signaling a broader trend of traditional finance firms adopting blockchain technology for asset management.
The alternative asset manager, which oversees about $430 billion in assets, said Thursday it launched a tokenized version of one of its private markets strategies for qualified investors using infrastructure from KAIO , a UAE-based tokenization specialist.
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