Tether Takes 8.2% Stake in Bitcoin Mining Finance Platform Antalpha

Apr 21, 2026

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.