Digital asset management company Kin launches a $100 million tokenized real estate fund on Chintai Network

ChainCatcher news, according to CoinDesk, asset management company Kin Capital will launch a $100 million tokenized real estate debt fund on the real-world asset center network Chintai.

It is reported that the fund holds preferred real estate trust agreements, with an initial issuance size of $5 million, and plans for additional issuances in early 2024 and 2025. The fund is available to qualified investors, with a minimum investment limit of $50,000. The expected annual return rate for the fund is 14%-15%, distributed to investors quarterly.