B1 leads round of financing in Chintai to accelerate growth in real world asset tokenization

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SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform. This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.

Metadata
Provider: 
PR NewswirePR Newswire
Retrieved on: 
Tuesday, October 17, 2023
Information
Tags: 
Orangi Pilot Project, News, Software as a service, Monetary Authority of Singapore, B1, Carbon, Life, Money, Blockchain, Cryptocurrency
Geotags: 
SINGAPORE
Organisation: 
CHINTAI
Summary
Key Points: 
  • SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform.
  • This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.
  • David Packham, Chintai founder and CEO added, "B1 has supported us every step of the way to build a unique and powerful technology stack for regulated real world digital assets.
  • Our clients can now create disruptive business opportunities with our technology, increase operational efficiency, and access new avenues of fundraising."


B1 leads round of financing in Chintai to accelerate growth in real world asset tokenization

Singapore-based and MAS-licensed blockchain solutions provider Chintai receives bridge financing led by B1  

SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform. This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.

Singapore-based and MAS-licensed blockchain solutions provider Chintai receives financing led by B1

Chintai is an end-to-end blockchain platform with two regulatory licenses from the Monetary Authority of Singapore and can be white labeled by financial institutions to create regulated digital assets including  bonds, real estate, funds, carbon credits and more. The company says that it supports multiple asset classes within a regulated blockchain network that is built to capitalize on an estimated $16tn market cap by 20301.

David Packham, Chintai founder and CEO added, "B1 has supported us every step of the way to build a unique and powerful technology stack for regulated real world digital assets. We are excited to see our vision come to life and see clients using the technology to innovate. Our clients can now create disruptive business opportunities with our technology, increase operational efficiency, and access new avenues of fundraising."

About Chintai:
Chintai is a leading one-stop solution for modernizing capital markets. Regulated and licenced by the Monetary Authority of Singapore, the Chintai platform uses blockchain technology to enable traditional finance and innovative companies to harness the power of digital assets. Gain access to a robust automated compliance engine powered by Chintai's proprietary Sentinel-AI technology with an end-to-end white labelling solution. The product suite includes all features and functionalities to streamline business operations and create a competitive advantage for enterprises. This includes dynamic security token issuance, high-performance secondary trading and automated compliance infrastructure for regulated digital assets. The strategic aim is to bridge the gap between businesses and compliant blockchain technology with a Blockchain Platform-as-a-Service (BPaaS) model.

chintai.io - Leading businesses into the regulated digital assets frontier

Media Contact: 
Ryan Bethem
[email protected]

 

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SOURCE Chintai

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