Abu Dhabi's Mubadala Capital has partnered with Coinbase and KAIO to introduce a blockchain-native private equity fund. The fund will be issued as compliant tokens available to qualified investors, utilizing Coinbase's Base blockchain among others. Notably, Coinbase will acquire the token for its corporate balance sheet, marking a pioneering move as the first U.S. publicly traded company to adopt a regulated tokenized asset for on-chain treasury management.