K
in Capital is launching a $100 million tokenized real estate debt fund on the Chintai network, a blockchain focused on real-world assets (RWAs). The fund holds first-performing trust deeds, which are agreements between borrowers and lenders to hold properties in a neutral third-party trust until loans are paid off. Initial offerings will be $5 million, with additional tranches planned through 2024-25.
The fund is accessible to accredited investors with a minimum investment of $50,000, offering a projected return of 14%-15% annually with quarterly distributions. Tokenization brings traditional investments onto blockchain rails for greater efficiency and lower costs, with reports forecasting over $10 trillion in tokenized assets by the end of the decade.
Chintai is a layer-1 blockchain powered by its native token CHEX, regulated and licensed by the Monetary Authority of Singapore to act as a Capital Markets Services provider. Kin Capital operates a blockchain-based marketplace for real estate-focused investment funds. This collaboration bridges traditional finance with blockchain innovation, providing accredited investors with unique opportunities in a rapidly evolving digital landscape.
realestate
Kin Introduces $100M Tokenized Property Investment Fund via Chintai Platform
Tokenizing real-world assets on blockchain brings efficiency, lowers costs, and speeds up settlements.
Read More - realestate
realestate
Boston Real Estate Times Honors Top Performers at Prestigious Annual Awards Ceremony
250+ Commercial Real Estate Pros Attend Boston Real Estate Times' Annual Excellence Awards Gala.
Read More - realestate
realestate
Luxury Homes Sold in Central New York: Top Transactions October 5-11
Here are the top stories for CNY counties from October 5-11:
Read More
realestate
Billionaire Ken Griffin sells $11M Chicago penthouse amidst citywide asset sale
Billionaire Ken Griffin sells Gold Coast condo for $11 million, marking further exit from Chicago's real estate market.