Kin Capital has announced a $100 million tokenized real estate fund launched on the Chintai network, authorized by the Monetary Authority of Singapore, targeting accredited investors.
This initiative highlights blockchain’s growing role in real estate, promising increased liquidity and notable annual returns for investors while supporting regulated market expansion.
Kin Capital’s $100M Fund Targets 15% Annual Returns
The $100 million fund by Kin Capital is hosted on the Chintai platform, regulated by Singapore’s monetary authority. The fund targets accredited investors and aims to tokenize real estate trust deeds.
The fund will start with a $5 million tranche, aiming for more tranches in 2024 and 2025. It promises yields between 14-15% per year, leveraging a regulated blockchain infrastructure.
Institutional Interest Grows in Blockchain Real Estate
The fund’s launch reflects growing institutional interest in blockchain-based real estate markets. Analysts anticipate that this initiative might enhance investment liquidity and provide higher returns compared to traditional models.
“Ability to eliminate the illiquidity discount on real estate” was cited as a major advantage for institutional investors exploring these vehicles.” — Mark Boiron, CEO, Polygon
Analysts underscore the fund’s potential impact on regulatory practices. Its backing by the Monetary Authority of Singapore adds credibility, potentially spurring further institutional investments and increasing interest in digital securities trading.
Chintai’s Role in $4 Trillion Tokenized Property Market
The trend of tokenizing real estate has accelerated with platforms like Blocksquare. Similar ventures achieved substantial interest, highlighting the growing acceptance of integrating blockchain with real estate.
Experts, citing past initiatives, predict that the Chintai network’s regulatory stance could boost investor confidence. The anticipated $4 trillion forecasted by Deloitte for tokenized real estate underscores the market’s potential.
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