Story · Coinbase
Coinbase invests in tokenized version of Abu Dhabi’s sovereign wealth fund
Coinbase has invested in a project to tokenize Mubadala, Abu Dhabi's sovereign wealth fund. Infrastructure provider KAIO will build the necessary blockchain architecture to create a tokenized version of Mubadala's private-markets fund. This initiative represents a significant step in bringing traditional sovereign wealth assets onto blockchain platforms, potentially increasing liquidity and accessibility for investors. The partnership highlights the growing intersection between major cryptocurrency exchanges and state-owned investment vehicles in the Middle East.
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