# Six Products Announced for Sei Span Fund Access and Treasury Note

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/35375
Published: 2026-10-20T06:35:46.000Z
Updated: 2026-10-20T06:35:46.000Z
Section: Business

> The products were announced between September 2025 and January 2026. A $200 million KAIO platform figure did not measure assets held on Sei.

Six tokenized products announced for Sei between September 2025 and January 2026 covered several kinds of fund access and a Treasury-backed note, distinctions that determine what each product represents and who could access it.

The products involved Apollo, BlackRock, Brevan Howard, Hamilton Lane, Nomura’s Laser Digital and Ondo Finance. Their different structures matter when comparing dollar figures: a platform-wide tokenization total does not measure the value of assets held on Sei.

Securitize Tokenized Apollo Diversified Credit Fund (ACRED) arrived on Sei on Sept. 25, 2025. The feeder fund gave qualified investors exposure to Apollo Diversified Credit Fund, which invests in corporate direct lending, asset-backed lending, performing credit and dislocated credit.

KAIO added products tied to BlackRock ICS US Dollar Liquidity Fund and Brevan Howard Master Fund on Oct. 8, 2025. The BlackRock-linked token was issued by KAIO and held shares in the liquidity fund. BlackRock did not sponsor or approve the token. The underlying fund was ICS, not BlackRock’s BUIDL product.

On Oct. 15, KAIO added HL SCOPE Access Fund, a feeder into Hamilton Lane’s Senior Credit Opportunities Fund. Hamilton Lane did not manage or operate the access fund. In October 2025, KAIO’s tokenized funds were available exclusively to institutional and accredited investors.

KAIO integrated Laser Carry Fund on Oct. 22, 2025. Managed by Nomura’s Laser Digital, the fund pursued returns from staking yields and differences in digital-asset funding rates through a market-neutral strategy. Its offering was intended for professional investors in eligible jurisdictions.

As of that Oct. 22 announcement, more than $200 million in assets associated with funds from BlackRock, Brevan Howard, Hamilton Lane and Laser Digital had been tokenized on KAIO. That figure covered KAIO’s platform and did not measure assets held on Sei.

United States Dollar Yield (USDY), from Ondo Finance, went live on Sei on Jan. 28, 2026. USDY was a tokenized note backed by short-term U.S. Treasuries and bank deposits, rather than an investment fund. At the time of that announcement, it was unavailable to U.S. persons.