KAIO and Mubadala Capital, the asset management arm of Abu Dhabi’s Mubadala Investment Company, announced on July 23, 2026, that they launched tokenized access to one of Mubadala Capital’s evergreen private market strategies. The product is live across the Base, Solana, and Sui Network blockchains, with roughly $75 million in onchain value locked from both traditional and digital-asset investors.
Inside the KAIO-Mubadala Launch
KAIO and Mubadala Capital built tokenized access to an evergreen private market strategy, a fund structure designed to stay open rather than wind down after a fixed term. Access is restricted to qualified institutional and accredited investors, keeping the product inside familiar regulatory guardrails while the underlying mechanics run on public blockchains. The strategy carries roughly $75 million in onchain value locked, drawn from a mix of traditional finance investors and digital-asset investors.
KAIO has already tokenized more than $200 million in assets across funds managed by BlackRock, Brevan Howard, and Hamilton Lane, giving Mubadala a partner with a track record. The launch traces back to a partnership Mubadala and KAIO announced in December 2025 to explore tokenized access to private market strategies. Less than eight months later, that exploration became a live, multichain product.
What This Means for Tokenization Watchers
For anyone tracking how tokenization is spreading beyond government bonds and money market funds, this launch signals that private equity is next in line. Access to this specific strategy stays limited to qualified institutional and accredited investors, so retail investors cannot buy in directly. But building the same product across three separate blockchains at once shows how far the infrastructure for tokenized private markets has come.
For readers still new to the concept, our guide on the crypto technologies every investor should know breaks down how tokenization works and where it fits alongside stablecoins, DeFi, and other major crypto trends, while our crypto market news hub tracks where that access opens up next.
The Next Sovereign Fund to Go Multichain
The next question is whether other sovereign wealth funds copy Mubadala’s approach of launching on multiple blockchains at once instead of picking just one. KAIO already works with BlackRock, Brevan Howard, and Hamilton Lane, so its reach goes well beyond Mubadala. Whether any of those firms build the same Base, Solana, and Sui setup for their own funds is the detail worth watching as more sovereign capital moves into tokenized private markets.
What this means for you: A sovereign wealth fund has now moved real private markets capital onto three separate blockchains at once. Tokenization has moved past the talking stage. Major institutions are putting it to use.
This article is for informational purposes only and does not constitute financial advice. Do your own research before making any investment decisions.
