KAIO, the tokenization steadfast backed by Brevan Howard and Nomura Bank's crypto-focused Laser Digital, is bringing its tokenized funds to the Sei Grid (SEI ($0.19)) arsenic real-world plus request is expanding.

The firm, formerly known arsenic Libre Capital, has issued implicit $200 cardinal successful assets, including token versions of feeder funds of Brevan Howard, Hamilton Lane, Laser Digital and a BlackRock funds, with plans to grow entree to further strategies. The tokens, disposable to organization and accredited investors, let for onchain subscription, redemption and reporting.

The Sei Network, built for high-speed fiscal transactions, provides the underlying rails for execution. KAIO's enlargement follows ARK ($38.80)-backed tokenization steadfast Securitize introducing the $112 cardinal Apollo Diversified Credit Fund, a tokenized feeder money of Apollo's backstage recognition vehicle, to Sei.

The announcement highlights a increasing inclination successful tokenized real-world assets (RWAs), wherever accepted investments similar bonds, recognition and funds are represented arsenic integer tokens. The process promises faster settlements, around-the-clock trading and imaginable to integrate with astute contracts and plug into decentralized concern (DeFi). Industry estimates task the full addressable marketplace for tokenized RWAs successful the trillions of dollars.

With KAIO's integration with Sei, starting with tokens representing shares successful the BlackRock ICS US Dollar Liquidity Fund and Brevan Howard Master Fund, volition fto investors usage tokens wrong DeFi applications arsenic collateral, liquidity reserves oregon yield-bearing assets, offering much flexibility successful however organization superior moves onchain.

Justin Barlow, enforcement manager of the Sei Development Foundation, framed Kaio's enlargement arsenic a cardinal milestone for Sei toward its ambition to "become the organization colony furniture for each integer assets."

"By utilizing the Sei Network, we’re bringing composable entree to starring money strategies wholly onchain," Olivier Dang, COO of KAIO, said successful a statement. "It’s the instauration for real-time, programmable, fiscal infrastructure built for the adjacent epoch of superior markets."

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