Backed by Tether, Systemic Ventures and existing investors, the UAE-based firm now has US$19m in funding to scale its tokenised distribution infrastructure.
Kaio, an Abu Dhabi-headquartered on-chain fund distribution infrastructure firm, has raised US$8m in a strategic round backed by Tether and Systemic Ventures, alongside existing investors Further Ventures and Laser Digital. The capital will support the expansion of Kaio’s tokenised fund distribution infrastructure The latest raise brings Kaio’s total funding to US$19m, with earlier backers including Brevan Howard Digital, Lyrik Ventures, Karatage and Shorooq Partners. The