KAIO Expands Tokenized Offerings on Sei

On Wednesday, the Sei team announced via a blog post that KAIO, the leading fully onchain infrastructure for regulated real-world assets (RWAs), has expanded its tokenized fund offerings to the Sei Network.

Access to a KAIO token, which holds shares in the BlackRock ICS US Dollar Liquidity Fund, one of the largest institutional money market funds, is now available onchain via KAIO’s integration with the Sei Network. These funds tokenized by KAIO can also be integrated into stablecoin architectures and other DeFi applications as collateral or as a yield-bearing reserve

Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 1.1 % in the last 24 hours and is now trading at $0.2858 per coin.