KAIO Introduces Notable Funds on Hedera Blockchain
Three notable financial tools are joining the Hedera blockchain thanks to KAIO. this move strengthens the network’s role in transforming real-world assets into digital tokens.
KAIO, seated in Abu Dhabi, streamlined the process of turning popular funds into digital assets. The funds now onboard include the Laser Digital Carry Fund, BlackRock ICS US Dollar Liquidity Fund, and the Brevan Howard Master Fund. These assets cater solely to large-scale players like institutional and certified investors.
Florent Jouanneau, the tokenisation Lead at Laser Digital, celebrated the move. He said, “Hedera’s growth in handling real-world assets and offering robust infrastructure made their network our top choice for LCF.”
This latest push by KAIO expands earlier actions taken by other financial players.Archax, as an example, has already moved token contracts for prominent money market funds onto the Hedera network. This list includes major names such as BlackRock, Fidelity, and State Street.
With the indicated trend,there’s a potential to introduce billions worth of real-world assets onto the blockchain seamlessly.
- KAIO introduces three significant funds to Hedera’s ecosystem.
- Hedera welcomes attention from other institutions looking for tokenized structures.
- Archax facilitates token contracts with various institutions.
