Coinbase Invests in Mubadala Tokenized Fund, Adds $75M RWA Tokens to Balance Sheet

COIN-5.57%
RWA-0.67%
KAIO3.69%
SOL-0.25%
SUI0.50%
According to Fortune, Coinbase has announced an investment in and addition to its balance sheet of tokenized tokens from Mubadala Capital's evergreen private markets fund, marking the first time a major U.S. public company has incorporated regulated tokenized real-world assets (RWAs) for onchain fund management. The partnership includes Mubadala Capital, the investment arm of Abu Dhabi's sovereign wealth fund, and tokenization infrastructure provider KAIO. Coinbase will support token issuance via Base network, while also deploying the product on Solana and Sui. The initiative has attracted approximately $75 million in funding, with Mubadala managing close to $400 billion in assets under management.
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