Patel Real Estate Launches $100 Million Blockchain-Based Fund Backed by Wall Street

Real estate investment firm Patel Real Estate Holdings has launched a groundbreaking $100 million tokenized real estate fund utilizing the Chintai blockchain. This move, facilitated by partnerships with major Wall Street firms like Carlyle and KKR, marks a significant step towards integrating blockchain technology into real estate investment, aiming to increase liquidity and transparency in the industry. The fund’s initial allocation of $25 million will be tokenized, allowing for greater accessibility and customization in investor portfolios.