Kin Capital To Launch $100 Million Tokenized Real Estate Debt Fund

According to BlockBeats, asset management firm Kin Capital is set to launch a $100 million tokenized real estate debt fund on the Chintai network, which focuses on real-world assets. The fund will hold senior real estate trust deeds, with an initial issuance size of $5 million. Additional issuances are planned for 2024 and early 2025. The fund is available to qualified investors, with a minimum investment requirement of $50,000. It is expected to offer an annual return rate of 14%-15%, distributed to investors quarterly.