Nomura Group's KAIO, a financial services subsidiary, has announced the issuance of a governance token, targeting the $30 trillion RWA track.
BlockBeats News, April 30th, the RWA Tokenization Protocol KAIO officially announced the launch of the governance token KAIO, with a total fixed supply of 10 billion tokens, and simultaneously established the KAIO Foundation, responsible for ecosystem governance, treasury management, and protocol development.
KAIO, hatched by Nomura Group's digital asset division Laser Digital, has received strategic investments from Tether (the world's largest stablecoin issuer), BH Digital Assets, Further, and other institutions. The platform currently has 5 institutional-grade funds online, with a TVL of approximately $100 million, spanning over 10 blockchains. Supported asset managers include BlackRock, Brevan Howard, Hamilton Lane, and Laser Digital, and a partnership with Mubadala Capital is expected to be announced soon.
Regarding token distribution, the community and liquidity incentives account for the highest proportion at 37.5%; the foundation holds 17%; and the team, investors, and Pre-TGE sale collectively account for 45.5%, with a zero lock-up ratio on the TGE day. Unlocking is subject to a 6 to 12-month cliff period, followed by linear monthly releases, with a maximum cycle of 60 months.
The core use cases of the token include: protocol product access rights, participating in staking for rewards, and governance voting rights on key protocol decisions and treasury allocations. The protocol will generate revenue through basis point fees on tokenized assets, but token holders do not have legal rights to fee distribution.
The KASH product targeting retail users is planned to launch in the second quarter of 2026, aiming to provide ordinary users with RWA exposure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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