Woofun AI reports that Abu Dhabi sovereign wealth fund Mubadala Capital has announced a collaboration with Coinbase and infrastructure provider KAIO to launch a blockchain-native version of its long-term private equity fund. The assets will be offered to qualified investors as compliant tokens hosted on Coinbase’s Base blockchain.

Coinbase intends to purchase these tokens to include them in its balance sheet, representing the first instance of a U.S.-listed company utilizing regulated tokenized assets for on-chain treasury management.