Summary
- PREH announced the launch of a $100 million tokenized fund based on Chintai.
- The fund is said to focus on vintage A-class multifamily housing in the top 20 markets in the United States.
- This fund is gaining attention as a tokenized investment vehicle for real-world assets.
According to virtual asset (cryptocurrency) specialized media Cointelegraph on the 12th (local time), US real estate asset management firm PREH (Patel Real Estate Holdings) announced the launch of a $100 million tokenized fund based on the real-world asset (RWA) network Chintai.
PREH explained that the fund is a tokenized investment vehicle focused on vintage A-class multifamily housing in the top 20 markets in the United States.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
