Kadena Establishes $50 Million Ecosystem Fund, with First Funding Focusing on Real Estate Tokenization Startups

Kadena, a public chain project focusing on Layer1 blockchain technology innovation, recently announced the official launch of an ecosystem fund with a total size of US$50 million to promote the application implementation and technology expansion within its ecosystem. The first funding of the fund has been completed recently. Kadena provided a grant of US$400,000 to CurveBlock, a UK-based startup, which is currently exploring the real estate tokenization model under the regulated financial sandbox framework.

CurveBlock is committed to transforming real estate assets into tradable digital tokens through blockchain technology, breaking the gap between traditional real estate and digital finance, improving asset liquidity and lowering investment barriers. The funding from Kadena means that the traditional asset class of real estate is gradually being integrated into the emerging blockchain financial system, and also shows Kadena's strategic emphasis on the Real World Assets (RWA) sector.

According to Kadena, up to US$25 million of the ecosystem fund will be used specifically to support projects related to RWA tokenization, covering areas including but not limited to debt instruments, money market funds, government bonds, real estate assets, and alternative asset classes. As the blockchain industry gradually moves from "virtual asset speculation" to "real asset linking", RWA is becoming a new intersection of global capital and the crypto market.

Kadena CEO Stuart Popejoy said: "RWA is an important bridge for our blockchain ecosystem to mature. Through fund support and strategic investment, we hope to attract more developers and companies to join the Kadena ecosystem and jointly explore a new paradigm of real assets on the chain."