KUMA is a DeFi protocol that issues interest-bearing tokens backed by traditional fixed-income products. The KUMA protocol is the result of the work of two distinct organizations: Mimo Labs and the newly founded Kuma DAO. Mimo Capital AG tokenizes bonds using NFT technology, while the KUMA protocol is a decentralized entity governed by MIMO tokenholders. It leverages these bond tokens to issue KUMA Interest Bearing Tokens, which are smaller denominations of bonds in the form of interest-bearing tokens backed by KUMA NFTs.