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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the growing trend of merging traditional finance with blockchain technology, Mubadala Capital, the asset management arm of Abu Dhabi's sovereign wealth fund, has tokenized one of its private market funds. The tokenized fund was launched across the Base, Solana, and Sui networks in collaboration with KAIO, a specialist in tokenization infrastructure. This initiative aims to enhance liquidity and accessibility to private market assets by placing them on blockchain rails.
This initiative is supported by Coinbase, which has taken a strategic stake in the onchain fund as part of its strategy to expand the scope of tokenized assets. According to market data, COIN shares closed at $160.43 on July 20, 2026, recording a daily high of $164.7 and a low of $155.15. The entry of a sovereign entity of Mubadala Capital's scale into this space reflects growing institutional confidence in Real World Asset (RWA) tokenization technologies.
Investors should monitor COIN price levels, which stood at $160.43 (close of July 20, 2026), as the company continues to diversify its institutional investments. Looking at the economic calendar, there are no direct upcoming events related to the crypto sector in the next seven days, but focus remains on the successful distribution of this fund across the selected networks and its impact on Coinbase's activity in private markets.