KAIO has brought three major institutional funds on-chain through its integration with the Hedera network, expanding crypto-native access to regulated money markets
Peter Hughes, chief executive at Apex Group, and Kerem Kolcuoglu, managing partner at Penrose Partners, led the association formation alongside other industry leaders
The transaction surpasses prior on-chain repo activities by providing near-instant, atomic settlement on a public blockchain, outside of traditional market hours, on weekends
The integration is supported by Trilitech, which is working with Hex Trust to connect institutional clients seeking secure custody for xU3O8 and other Etherlink-based assets
06 August 2025Australia Reporter: Carmella Haswell
The Australasian digital asset investment manager will use cryptocurrencies and a tokenised money market fund as off-exchange collateral for trading on the OKX platform
