Tether makes $8M strategic investment in Kaio

Tether (USDT) has made an $8 million strategic investment in real-world asset (RWA) infrastructure company Kaio, CoinDesk reported. This investment brings Kaio's total funds raised to $19 million. Other participants in the round included Systemic Ventures, Further Ventures, Laser Digital, and Brevan Howard Digital. The secured funds will be used to expand into new business areas such as credit products, structured finance, and ETFs.