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Mubadala Capital and Coinbase Bring Private Equity Fund Onchain
Mubadala Capital, the asset manager backed by Abu Dhabi's sovereign wealth fund, has tokenized one of its private market funds via the KAIO platform across the Base, Solana and Sui blockchain networks. Coinbase has taken a stake in the onchain fund, marking a significant institutional move into blockchain-based finance. The deal signals growing interest from sovereign wealth-linked institutions in real-world asset tokenization.
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