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

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