According to Gate.io News bot, Cointelegraph reports that the American real estate asset management company PREH has officially launched a tokenization fund with a total scale of $100 million on the Chintai blockchain platform. The fund focuses on investments in aging Class A multi-family housing in the top 20 growth markets in the United States and offers institutional-grade real estate investment opportunities to accredited investors. The PREH plan aims to tokenize $25 million of assets on the Chintai platform in the initial phase. PREH stated directly: "This move will enhance the transparency and liquidity of the private placement market."

Premier Art Holdings Ltd. collaborates with Chintai to launch a $50 million tokenization art project TPAT, which provides fractional ownership of top-level artworks, making them more accessible. The first $50 million will be available for investors in December 2024.