Abu Dhabi's Mubadala Capital joins tokenization push as Coinbase takes stake in onchain fund

Mubadala Capital, backed by Abu Dhabi's sovereign wealth, is pushing tokenization by partnering with KAIO to bring one of its private market funds onchain across Base, Solana, and Sui networks. This move enables seamless access to its fund for a broader investor base. The industry implication is a growing adoption of tokenization, further expanding the digital asset ecosystem.