Abu Dhabi’s Mubadala Capital Joins Tokenization Push as Coinbase Takes Stake in Onchain Fund

Abu Dhabi’s Mubadala Capital has entered the tokenization space, partnering with Coinbase, which has acquired a stake in an onchain fund. This move signals growing institutional interest in real-world asset tokenization, leveraging blockchain technology for enhanced liquidity and transparency. The fund, built on Ethereum (ETH), aims to bridge traditional finance with decentralized finance (DeFi), potentially boosting adoption of tokenized assets. Coinbase’s involvement underscores its commitment to expanding onchain financial products, while Mubadala’s participation highlights Middle Eastern sovereign wealth funds’ pivot toward digital assets. This development is bullish for the crypto market, particularly for ETH and tokenization-related projects.