Kamui Finance launches three institutional real-world asset vaults on Ethereum

Kamui Finance, a firm founded in 2024 and registered in the Marshall Islands, has rolled out three institutional-grade vaults on Ethereum designed to give large allocators streamlined access to tokenized real-world assets. The vaults pull together offerings from four established RWA platforms: DigiFT, Centrifuge, Midas, and Ondo.

How the vaults work

Each vault issues its own token built to the ERC-7540 standard, a relatively new specification designed for tokenized vault shares that need to handle asynchronous deposit and redemption flows. In plainer terms, ERC-7540 lets the vault accept deposit requests, process them off-chain or through compliance checks, and then settle, rather than requiring instant atomic transactions that don’t play well with real-world settlement timelines.

Kamui’s vault strategies target private credit, real estate debt, trade finance, structured credit, and US Treasuries. These are asset classes where settlement can take days, counterparty checks are mandatory, and instant on-chain redemption would be either impractical or legally impossible.

Kamui positions itself as the operator layer sitting between the investor and those underlying assets. The firm handles sourcing, due diligence, portfolio rebalancing, daily net asset value calculations, and compliance.

The ERC-7540 compatibility also means the vault tokens can plug into other DeFi protocols.

The team and the timing

Kamui’s team includes alumni from Goldman Sachs and other institutional finance backgrounds, with experience spanning on-chain product development and institutional credit markets.

What this means for institutional RWA adoption

The core problem Kamui is trying to solve is operational fragmentation. Right now, an institution that wants exposure to tokenized Treasuries from Ondo, private credit from Centrifuge, and structured products from Midas would need to complete separate KYC and onboarding processes with each issuer. Each integration requires its own legal review, technical connection, and ongoing monitoring. Kamui’s vault structure collapses those multiple relationships into one.

With no disclosed figures on assets under management or target yields, the market will be watching early inflows closely.