Brevan Howard-Backed Tokenization Firm Expands Funds to Sei Network

KAIO, supported by Brevan Howard and Nomura Bank's Laser Digital, is expanding its tokenized funds to the Sei network due to rising real-world asset demand.

• Formerly Libre Capital, KAIO has issued over $200 million in tokenized assets, including feeder funds from Brevan Howard, Hamilton Lane, Laser Digital, and BlackRock.
• Tokens are accessible to institutional and accredited investors for onchain subscription, redemption, and reporting.
• The Sei Network facilitates high-speed financial transactions, providing infrastructure for KAIO's operations.
• This move follows Securitize's introduction of a $112 million Apollo tokenized feeder fund on Sei.
• Tokenized real-world assets (RWAs) offer faster settlements, 24/7 trading, and DeFi integration potential.
• Estimates suggest the market for tokenized RWAs could reach trillions of dollars.
• KAIO's tokens, like those representing shares in the BlackRock ICS US Dollar Liquidity Fund and Brevan Howard Master Fund, can be used within DeFi as collateral or yield-bearing assets.
• Justin Barlow of Sei Development Foundation sees this as a step toward making Sei the institutional settlement layer for digital assets.
• Olivier Dang, COO of KAIO, emphasizes the shift towards real-time, programmable financial infrastructure.