Recently, I've been optimistic about this @KAIO_xyz Kaito, which has already launched its leaderboard. If you're free and want to chat about this, along with popular projects like RWA that are gaining traction, I hope the vision is big enough!

KAIO Project Analysis KAIO is a blockchain protocol focused on Real World Assets (RWAs), aiming to bridge traditional finance (TradFi) and decentralized finance (DeFi) through a sovereign AppChain to achieve compliance, liquidity, and cross-chain movement of assets. It was formerly known as Libre Capital, which was renamed to KAIO on July 30, 2025, and launched a $100 million tokenized yield fund, targeting an annual yield of 8-12% with low volatility, aimed at global qualified investors. Project Background and Vision KAIO's core vision is to build the "RWA 2.0" infrastructure, tokenizing institutional-grade assets (such as funds, bonds, and securities) to make them programmable and composable primitives in DeFi. Currently, over $200 million of institutional assets have been tokenized on-chain, including BlackRock's dollar fund, Brevan Howard's strategy fund, and Telegram's $500 million bond fund. The project emphasizes regulatory compliance while supporting the issuance, redemption, transfer, and secondary market trading of assets, allowing users to subscribe using fiat or stablecoins and use them as loan collateral through smart contracts. Core Features and Technical Architecture Tokenization and Liquidity: KAIO acts as a "Gateway," transforming traditional financial assets (such as real estate, commodities, and private credit) into on-chain tokens, supporting lending, yield optimization, and new liquidity strategies in DeFi. Cross-Chain Interoperability: Integrating LayerZero (supporting OmniChain asset transfers across 120+ chains) and Chainlink (CCIP for cross-chain transfers, reserve proofs, and smart data verification). This ensures seamless asset flow across multiple chains like Aptos, Solana, Avalanche, NEAR, and Polygon. Privacy and Compliance: Utilizing RISC Zero's zkVM for privacy protection while adhering to regulatory frameworks like VARA, ensuring the safety and transparency of institutional funds. Yield Generation: The fund's strategies are diversified, including money markets, private credit, market-neutral digital assets, and global macro hedging, aiming to combine TradFi yields with crypto yields. Team and Partners The team information is relatively low-key, with limited public details available. COO Olivier Dang emphasizes that KAIO is not just about "storing" assets but building a strategic DeFi ecosystem. The project is supported by WebN Group and Nomura's Laser Digital, which manages a $100 million Bitcoin yield fund (Laser Carry Fund). Other key partners include: Institutional Funds: BlackRock, Brevan Howard, Hamilton Lane. Blockchain Ecosystem: Hedera (BlackRock fund on-chain), MANTRA Chain, SEI, TON Foundation, Sui Foundation, Polygon Labs, Solana Foundation, etc. Funding and Market Performance KAIO has raised $100 million through a tokenized fund, managed by Laser Digital, focusing on Bitcoin-native yields. The project has not yet disclosed token issuance details but has attracted institutional capital, marking tangible progress in the migration from TradFi to on-chain. Its fundamental metrics, such as TVL and trading volume, can be tracked on platforms like Token Terminal. Latest Developments and Community Dynamics KaitoAI Collaboration: On October 9, 2025, KAIO launched a Leaderboard with KaitoAI to reward community voices driving RWA discussions. This is seen as an early participation opportunity, emphasizing "yapping" (community discussions) rewards, which may include airdrops or points. Discussions on X are active, with many users viewing it as a leader in the RWA narrative, highlighting its real integration with institutions like BlackRock. Roadmap: Future plans include expanding multi-chain support, Gateway features (such as more collateral and secondary markets), and integration with more DeFi protocols, aiming to create an OmniChain ecosystem where TradFi and DeFi coexist. Advantages and Risks Advantages: Strong Institutional Backing: Collaborating with giants like BlackRock provides real TVL and compliance assurance, distinguishing it from many "conceptual" RWA projects. Technological Leadership: The integration of LayerZero and Chainlink addresses cross-chain pain points, driving the transformation of assets from "mirrored" to "composable." Market Timing: The RWA market is expected to reach $30 trillion, with KAIO positioned as an infrastructure layer likely to benefit from regulatory clarity. Risks: Regulatory Uncertainty: Despite emphasizing compliance, global RWA regulations are still evolving, which may impact expansion. Intense Competition: Facing RWA players like Ondo and Centrifuge, KAIO needs to prove its OmniChain advantage. Early Stage: The project has just been renamed, and TVL and user adoption still need observation; community discussions are mostly promotional, with limited actual use cases. Overall, KAIO is a potential player in the RWA space, suitable for investors focused on institutional-grade DeFi. It is recommended to track its KaitoAI Leaderboard and official updates (@KAIO_xyz) to capture early opportunities. If more specific tokenomics or code audit analysis is needed, I can delve deeper.