KAIO, a tokenization protocol for real-world assets (RWA), has launched its governance token, KAIO, with a total supply of 10 billion tokens. The launch includes the establishment of the KAIO Foundation to manage ecosystem governance, treasury, and protocol development. Incubated by Laser Digital, Nomura Group's digital assets division, KAIO has attracted strategic investments from Tether, BH Digital Assets, and Further. The platform currently manages five institutional-grade funds with a total value locked (TVL) of $100 million across over ten blockchains, supported by asset managers like BlackRock and Brevan Howard. A partnership with Mubadala Capital is forthcoming. Token allocation includes 37.5% for community incentives, 17% for the foundation, and 45.5% for team and investors, with vesting periods of up to 60 months. The KAIO token offers access to protocol products, staking rewards, and voting rights, though holders have no claim to fee distributions. The KASH product, targeting retail users, is set to launch in Q2 2026.