【Kaio】 RWA Category
2-2/🧵Not only Institutional Alternative Funds but also confirming the business areas and scale trends in US Treasuries
Asset Class / Total Amount (USD) / Composition Ratio
💰U.S. Treasuries
$22,110,568
About 50%
🏦Institutional Funds
$21,984,090
About 50%
Total
$44,094,658
100%
In fact, @KAIO_xyz's management of institutional funds accounts for half of the total managed funds. * The red part
In fact, compared to the maximum size of $78M, the current size of the U.S. Treasury fund is $22M, which is about 1/4, indicating that this business area seems to be shrinking. The exact reason is unknown, but it is presumed to be competition with other projects.
The institutional funds have only a slight increase in the 30D, with very little increase in Hamilton Lane's fund. Overall, there is a trend of increase. We hope that new fund management opportunities will be added through this collaboration with Sei.
【Kaio】 RWA Category
2-1/🧵Market Share and Competitive Platforms in Institutional Alternative Funds
# Platform | Mkt Share | Market Cap
1. Centrifuge | 34.63% ▲ | $910.7M
2. Securitize | 33.16% ▼ | $872.1M
3. Tokeny | 10.80% ▼ | $284.0M
4. Superstate | 9.17% ▲ | $241.1M
5. Midas | 5.35% ▲ | $140.6M
6. OnRe | 3.94% ▼ | $103.5M
7. Nest | 1.44% ▼ | $37.7M
8. KAIO 🟣 | 0.84% ▼ | $22.0M
9. Republic | 0.53% ▼ | $14.1M
10.WisdomTree | 0.07% ▲ | $2.0M
✅ Market Position
KAIO is ranked 8th overall,
with a market cap of $22M
and a market share of 0.84%. <<still small>>
Considering that top projects (Centrifuge, Securitize, etc.) are in the $800M to $900M range, it is still in the early growth phase.
RWA Count = 4 While the number is less than that of the top projects, the fact that multiple institutional-level funds (such as BlackRock, Brevan Howard, etc.) have already been brought on-chain, is noteworthy in terms of 'qualitative growth'.
✅ Growth Strategy Forecast
Therefore, rather than a short-term "DeFi-style rapid growth", it seems to be focusing on securing trust from institutional funds and expanding actual operational partnerships (literally big fish lol).
@KAIO_xyz @KaitoAI
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