PANews reported on October 9th that, according to a Sei blog post, KAIO has connected its tokenized fund to the Sei Network , providing on-chain access to KAIO tokens representing shares of the BlackRock ICS US Dollar Liquidity Fund and the Brevan Howard Master Fund . This integration supports institutional-grade compliance, subscription / redemption, and reporting processes, and can be used as a stablecoin reserve or as a collateral and yield asset for DeFi . Sei claims its high-performance chain provides a superior trading experience for capital market products. KAIO is currently only available to institutional and accredited investors.PANews reported on October 9th that, according to a Sei blog post, KAIO has connected its tokenized fund to the Sei Network , providing on-chain access to KAIO tokens representing shares of the BlackRock ICS US Dollar Liquidity Fund and the Brevan Howard Master Fund . This integration supports institutional-grade compliance, subscription / redemption, and reporting processes, and can be used as a stablecoin reserve or as a collateral and yield asset for DeFi . Sei claims its high-performance chain provides a superior trading experience for capital market products. KAIO is currently only available to institutional and accredited investors.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more