Real RWA flow, not brochure talk. @KAIO_xyz just helped bring BlackRock’s ICS USD Liquidity Fund onchain live on Sei and Hedera so treasurers get baseline MMF yield with rails that actually move across crypto. That’s regulated product + programmable liquidity, at size. Why this matters: the “first time at this scale” point isn’t fluff by late October, $200M+ in fund assets had been tokenized on KAIO, per Markets Media, with managers like BlackRock, Brevan Howard and Laser Digital in the mix. That’s the kind of depth you need before DeFi integrations mean anything. How I’d work it into a playbook today: ❯ Park cash in the BlackRock tokenized MMF (via KAIO) for steady carry, then route where ops/liquidity live. Hedera’s post has the compliance framing spelled out. ❯ Keep the “composable, not synthetic” lens: KAIO’s model is rule-gated subscribe → transfer → redeem, so funds keep regulatory clarity while staying usable in DeFi workflows. ❯ Watch secondary venues and caps the next unlock is borrow lines against these positions as listings expand. (Aave’s Horizon shows the direction of travel.) Net: liquidity moves faster, yield remains grounded, and the compliance spine travels with the asset. If this is the next phase of RWA adoption, the scoreboard is simple: more chains live, more venues listed, larger caps utilized. Keep me honest drop receipts when you see new listings