Asset management company Kin has launched a $100 million tokenized real estate fund on the Chintai network. The fund primarily holds priority real estate trust deeds, targeting an annualized return of 14%-15%, and is open to institutional investors. Chintai is a blockchain network focused on physical assets and has obtained a capital markets product trading license from the Monetary Authority of Singapore (MAS). Kin Capital operates a blockchain marketplace specializing in real estate investment funds. According to Kin Capital's plan, the fund will initially issue $5 million in its first tranche, with additional shares to be offered between 2024 and early 2025. The minimum investment amount for qualified investors is $50,000, and the fund will distribute returns to investors on a quarterly basis.