📈 CHEX, a token from Singapore-based blockchain company Chintai, has risen 42% in the last 24 hours, trending in the US.

- Chintai specializes in tokenization of real world assets (RWA), such as real estate and CO₂ certificates, on popular public blockchains such as Ethereum, Solana, Avalanche.

- The company has received two licenses from the Monetary Authority of Singapore (MAS), which allows it to operate as a regulated digital asset market.

- On February 8, 2024, Chintai launched a real-world asset tokenization platform called Chintai Nexus.

- Investment firm Blackrock announced the creation of the BlackRock USD Institutional Digital Liquidity Fund in partnership with Securitize, a leading asset tokenization company based in the British Virgin Islands.

Real-world asset tokenization is a growing sector at the intersection of digital assets and traditional finance.