Asset manager Kin Capital and blockchain network Chintai are launching a $100 million tokenized real estate debt fund. The fund will hold real estate trust deed positions and offer a target yield of 14%-15% for institutional investors. The initial offering is a $5 million tranche, with additional offerings planned through 2024 and early 2025. The fund is accessible to accredited investors with a minimum investment limit of $50,000. This collaboration aims to bring traditional investment vehicles to blockchain rails for greater efficiency and lower costs. Chintai is a regulated and licensed blockchain focused on real-world assets, while Kin Capital operates a blockchain-based marketplace for real estate investment funds.



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