menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

Wall Stree...
source image

Coindoo

2M

read

263

img
dot

Image Credit: Coindoo

Wall Street-Backed Real Estate Fund Goes Digital With Tokenized Launch

  • Wall Street-backed real estate fund PREH Multifamily Fund has launched a digital tokenized vehicle for vintage Class A properties with an initial $25 million tokenization using Chintai's infrastructure.
  • Tejas Patel, president of PREH, chose Chintai for its compliance-first design to streamline investor onboarding, capital flow, and reporting within a blockchain-native framework.
  • Founded in 2010, PREH specializes in high-end multifamily assets and aims to address liquidity and transparency issues in private real estate markets through tokenization.
  • Chintai, the layer-1 blockchain supporting the project, is recognized for ESG-focused investment products and its native token CHEX trades at $0.24 with a market cap of approximately $244 million.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app