Tether Takes 8.2% Stake in Bitcoin Mining Finance Platform Antalpha

Tether disclosed an 8.2% stake of nearly 2 million shares in Nasdaq-listed Bitcoin mining finance platform Antalpha, marking the stablecoin issuer's expansion into crypto infrastructure investments. Separately, Tether participated in an $8 million funding round for Abu Dhabi-regulated tokenization firm KAIO, bringing KAIO's total funding to $19 million. KAIO has tokenized approximately $100 million in assets and processed over $500 million in transactions, offering onchain access to products from BlackRock, Brevan Howard and Hamilton Lane with minimum investments starting at $100. The moves demonstrate Tether's strategic diversification beyond its $185 billion USDT stablecoin business into emerging blockchain infrastructure and institutional tokenization platforms.

KAIO's $8M funding round and investor backing

• ▪New investors in KAIO's funding round include Systemic Ventures
• ▪Tether backed KAIO's $8 million strategic funding round
• ▪Abu Dhabi-regulated tokenization firm KAIO raised $8 million in a strategic funding round announced on April 20, 2026
• ▪Further Ventures and Laser Digital joined KAIO's funding round alongside earlier backers such as Brevan Howard Digital
• ▪KAIO's $8 million funding round brought KAIO's total funding to $19 million

Tokenization infrastructure and institutional fund accessibility

• ▪USDT has a $185 billion supply
• ▪KAIO develops infrastructure that allows asset managers to distribute funds onchain
• ▪KAIO created tokens of products from firms like BlackRock, Brevan Howard and Hamilton Lane
• ▪KAIO targets minimum investments starting at $100 for eligible users
• ▪KAIO tokenized about $100 million in assets
• ▪KAIO has processed more than $500 million in transactions

Strategic expansion plans and regulatory framework

• ▪KAIO plans to expand into products such as credit, structured investments and exchange-traded funds
• ▪KAIO plans to launch an onchain fund with Mubadala Capital
• ▪KAIO supports regulated distribution frameworks in Abu Dhabi, the Cayman Islands and Singapore
• ▪Mubadala Capital is an Emirati private equity firm with $385 billion in assets under management

Perspective of Tether

• ▪Tether acquired nearly 2 million shares representing an 8.2% stake in Nasdaq-listed Antalpha
• ▪Tether participated in KAIO's $8 million funding round as part of its strategic investment activities

Perspective of KAIO

• ▪KAIO aims to democratize access to institutional products by lowering minimum investments to $100 for eligible users