PANews reported on September 30 that according to CoinDesk, digital asset management company Kin Capital launched a $100 million tokenized real estate debt fund on the Chintai network. The fund holds real estate trust deeds and provides institutional investors with a target annual return of 14%-15%. The Chintai network focuses on tokenizing real assets (RWA) and has obtained regulatory approval from the Monetary Authority of Singapore (MAS). The initial issuance amount is US$5 million, and there will be more issuance plans in the future, with a minimum investment amount of US$50,000. Fund tokenization aims to improve efficiency, reduce costs and achieve round-the-clock settlement.