American real estate asset management company PREH launches a $100 million tokenized fund

American real estate asset management company PREH has launched a $100 million tokenized fund on the Chintai blockchain, offering institutional-grade real estate investment opportunities to accredited investors. The fund focuses on aging Class A multifamily residential properties in the top 20 growth markets in the United States, with an initial $25 million worth of assets tokenized on Chintai. PREH stated that this move is expected to enhance transparency and liquidity in the private equity market. (Cointelegraph)