KAIO, a tokenization infrastructure firm, said it launched tokenized access to one of Mubadala Capital's evergreen private market strategies on Wednesday, live across Base, Solana and Sui with approximately $75 million in onchain value from traditional and digital-asset investors, according to KAIO's post on X.
Mubadala Capital is the asset-management arm associated with Abu Dhabi's sovereign wealth apparatus. KAIO described the offering as tokenized access to "one of Mubadala Capital's evergreen private market strategies," and called it "a milestone for how Sovereign Wealth Fund-backed private markets strategies can be made accessible through regulated digital infrastructure."
KAIO said Coinbase "will be adding exposure to the tokenised offering," which it framed as reflecting "growing appetite among publicly listed digital asset companies for regulated RWAs." KAIO did not detail the size of that exposure in the post.
The size of the launch was stated two ways across official channels. KAIO put the figure at "approximately US$75M in onchain TVL." Solana's official account described the same launch as "$75M in commitments from traditional and digital investors" and said KAIO "brings the @Mubadala Capital Alternative Solutions Fund to Solana," framing it around a single network rather than the three KAIO named.
