Mubadala Capital, a sovereign wealth-backed asset manager based in Abu Dhabi, has joined the tokenization push by bringing one of its private market funds onchain.
The fund will be available on the Base, Solana, and Sui networks, thanks to a partnership with KAIO.
This move is further supported by Coinbase, which has taken a stake in the onchain fund, as reported by CoinDesk.
This development marks a significant step in the growth of tokenization, with major players like Mubadala Capital and Coinbase getting involved.