US real estate asset manager Patel Real Estate Holdings (PREH) has launched a $100 million tokenized fund on the Chintai blockchain to give accredited investors access to institutional real estate investments. The newly launched PREH Multifamily Residential Fund is a tokenized investment vehicle that focuses on older Class A multifamily units in the top 20 growth markets in the US. Its architecture is digitally native, covering compliance, reporting, capital raising, and potential secondary mark...
Chronicle has been selected as the oracle provider for all the winning projects in the SparkDAO 1 billion Dollar Tokenization Grand Prix. The winning projects include BlackRock's BUIDL Fund, Superstate's USTB, and Centrifuge JTRSY Fund with Janus Henderson as Associate Advisor.