Abu Dhabi sovereign fund arm to tokenize private equity with Kaio

Mubadala Capital, the asset management arm of Abu Dhabi's sovereign wealth fund Mubadala, is partnering with real-world asset (RWA) infrastructure firm Kaio to tokenize its private equity funds, Cointelegraph reported. The partnership will explore using Kaio's digital framework to provide institutional and qualified investors with on-chain access to Mubadala Capital's private equity products. This move is seen as an effort to use RWA tokenization to overcome traditional barriers to the alternative asset market, such as high minimum investments, long lock-up periods, and regional restrictions.