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US real estate asset manager launches $100M tokenized fund with institutional backing

cryptoweekly by cryptoweekly
May 12, 2025
in bitcoin, News
0

The PREH Multifamily Fund is being tokenized on the RWA-focused Chintai blockchain.

Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities.

The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A multifamily units across the top 20 US growth markets, the company told Cointelegraph on May 12.

“The entire structure is digital-native from the start — compliant onboarding, reporting, capital calls, and (potential) secondary market transfers,” a PREH spokesperson said.

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  • Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral
  • Chinese Central Bank pledges global expansion of digital yuan — Report
  • Ethereum and the battle for yield: What is ETH’s future?
  • Sandeep Nailwal’s Polygon takeover is his chance to ‘go all in’
  • ZisK spins off from Polygon with ‘core minds behind Polygon zkEVM’
  • Healthcare company onboards Trump crypto adviser, buys $20M BTC
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