KAIO and Mubadala Capital Launch Tokenised Access to Private Markets Strategy on Base, Solana and Sui

Abu Dhabi, London, July 23, 2026 – KAIO, the ADGM-based open infrastructure layer for tokenised real-world assets, and Mubadala Capital, a global alternative asset management platform and subsidiary of Mubadala Investment Company, today announced the launch of tokenised access to one of Mubadala Capital’s evergreen private market strategies for qualified institutional and accredited investors in certain jurisdictions. This represents a milestone in how SWF-backed private markets strategies can be made accessible through regulated digital infrastructure.

This tokenised product, available across Base, Solana and Sui, received approximately US$75 million in onchain TVL, from traditional and digital asset investors, reflecting growing demand for regulated access to high-quality private market strategies. Notably, Coinbase will be adding exposure to the tokenised offering, reflecting growing appetite among publicly listed digital asset companies for regulated real-world assets.

"This strategy was built on differentiated access - to deal flow, to co-investment, to a global network that most investors cannot reach on their own,” said Max Franzetti, Head of Mubadala Capital Solutions. “Bringing it onchain extends that access to a new class of qualified investors without compromising the institutional discipline that defines how we invest." he added.

“KAIO has demonstrated that compliant onchain infrastructure can support complex private market products at institutional scale,” said Shrey Rastogi, Chief Executive Officer of KAIO. “Mubadala Capital now joins a growing roster of blue-chip asset managers adopting KAIO’s open infrastructure to tokenise and distribute institutional-grade investment products, including Brevan Howard, Hamilton Lane, and Laser Digital. This launch shows how a seasoned, diversified private markets strategy can be structured, issued and made digitally accessible across leading ecosystems including Base, Solana and Sui. It also validates KAIO’s role as an open infrastructure layer for the world’s largest asset managers to bring digitally native issuances to market without compromising compliance, governance or investor protections.”

“The significance of this launch is not only that a major private markets strategy is moving onchain, but that it is being adopted for real institutional balance sheet use,” said Brett Tejpaul, Head of Coinbase Institutional. “Bringing exposure to a tokenised Mubadala Capital strategy onto Coinbase’s balance sheet reflects the growing maturity of regulated real-world assets and their potential role in modern corporate treasury management. This launch demonstrates what is possible when leading asset managers, infrastructure providers and blockchain ecosystems come together to bring institutional-grade assets onchain. As regulated assets become programmable, they can become part of a broader onchain economy that is more transparent, composable and accessible to qualified investors in eligible jurisdictions.”

“Tokenised capital markets require infrastructure that can operate with the speed, scale and reliability global financial products demand,” said Nick Ducoff, Head of Institutional Growth, Solana Foundation. “The launch of Mubadala Capital’s evergreen private markets strategy on Solana is a strong example of how institutional assets can move from traditional distribution models into onchain environments built for high-throughput markets, efficient settlement and broader investor participation.”

"The tokenization of Mubadala Capital's evergreen private markets strategy, powered by KAIO, is a significant milestone for the maturation of onchain capital markets," said Adeniyi Abiodun, Co-Founder and CPO at Mysten Labs, the original contributor to Sui. "As more institutional issuers like Mubadala Capital bring assets onchain, developers, financial institutions and investors need infrastructure that can support real-world scale, compliance and global distribution. Mubadala Capital is one of the leading alternative asset managers in the region, and their decision to tokenize on Sui is a strong signal for how the GCC region is embracing onchain finance. It opens access to the region's most sophisticated capital markets for qualified global investors, while giving the region itself a trusted on ramp to what Sui is building."

About Mubadala Capital:

Mubadala Capital is a global alternative asset management platform that manages, advises and administers for clients and limited partners over $600 billion in assets through its wholly owned businesses and strategic partnerships. As a subsidiary of Mubadala Investment Company, Mubadala Capital combines the scale and stability of sovereign ownership with the agility and focus of a performance-driven global alternative asset management firm. Mubadala Capital's wholly owned core alternatives businesses manage and invest over $60 billion in assets across private equity, special opportunities with a focus on Brazil, credit, venture capital, as well as Solutions and co-investment platforms. Additionally, Mubadala Capital maintains a portfolio of strategic businesses and partnerships in private wealth, public credit, insurance, and real estate, among other areas. With more than 250 professionals across offices in Abu Dhabi, London, New York, Rio de Janeiro, and San Francisco, Mubadala Capital serves as a partner of choice to institutional and private investors seeking differentiated risk-adjusted returns across private markets.

About KAIO:

KAIO is building the open infrastructure layer for tokenised real-world assets, bridging traditional finance and DeFi through compliant, auditable and cross-chain architecture. With Tier 1 institutional funds live from leading partners including BlackRock, Brevan Howard, Hamilton Lane, Laser Digital and Mubadala Capital, KAIO has approximately US$150 million in TVL across more than 10 blockchains. Alongside a growing network of asset managers, distributors and ecosystem partners, KAIO is positioned at the centre of the US$30 trillion tokenised-asset opportunity. Purpose-built for regulated fund tokenisation and lifecycle management, KAIO enables institutional-grade assets to move onchain securely, compliantly and at scale. Its infrastructure supports seamless distribution, transfer controls, reporting and interoperability across leading blockchain ecosystems, helping make private markets and other institutional investment products more accessible to qualified institutional and accredited investors. For more information about KAIO and important regulatory and legal information, please visit https://www.kaio.xyz/disclaimers.