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Mubadala Capital tokenized a private markets fund on blockchain across Base, Solana and Sui, attracting $75 million with Coinbase taking a direct stake and KAIO providing the infrastructure. This move signals a broader shift toward on-chain, regulated tokenization of real-world assets, expanding liquidity and access through secondary markets for institutional investors.
Abu Dhabi launched Marsa Al Saadiyat, a AED100 billion, 6.4 million-square-meter waterfront project led by Aldar as master developer, including Abu Dhabi’s largest marina for up to 350 boats and yachts and renamed from Saadiyat Marina District to Marsa Al Saadiyat. The development marks the final phase of Saadiyat Island’s masterplan, spanning 8 km of coastline with beaches and parks and expected to house more than 58,000 residents, featuring residences, cultural facilities, theatres, and a comprehensive walkable lifestyle plan.
