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Abu Dhabi's Mubadala Capital Joins Tokenization Race as Coinbase Targets Onchain Funds

July 23, 202609:00 AM
Abu Dhabi's Mubadala Capital Joins Tokenization Race as Coinbase Targets Onchain Funds

Mubadala Capital, the sovereign wealth-backed asset manager from Abu Dhabi, is officially entering the tokenization fray. By tapping KAIO, the firm aims to bring its private market funds onchain, deploying them across high-performance networks including Base, Solana, and Sui.

This strategic move highlights the accelerating institutional adoption of Real World Assets (RWA) and blockchain infrastructure. As Coinbase simultaneously takes stakes in onchain funds, the bridge between traditional finance and decentralized ecosystems is being fortified by massive sovereign capital.

This development comes as institutional interest in onchain finance reaches a fever pitch. With Coinbase also increasing its exposure to onchain funds, the integration of sovereign wealth into blockchain ecosystems marks a major milestone for the future of digital asset management.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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