According to BlockBeats, asset management company Kin Capital will launch a $100 million tokenized real estate debt fund on Chintai. The fund holds a priority real estate trust deed and the initial issuance size is $5 million.

The fund plans additional offerings in 2024 and early 2025, with a minimum investment of $50,000 and an expected annual return of 14%-15%, with distributions to investors made quarterly.