Wall Street-Backed Real Estate Fund Goes Digital With Tokenized Launch

In a move that merges traditional real estate with next-gen blockchain infrastructure, Patel Real Estate Holdings (PREH) has launched a $100 million tokenized investment fund on the Chintai blockchain, targeting high-value multifamily housing across key U.S. growth markets. This new vehicle—called the PREH Multifamily Fund—focuses on vintage Class A properties and forms part of a broader $750 million institutional effort co-developed with heavyweights like Carlyle, KKR, Walton Street Capital, DRA Advisors, and RPM. While the full fund is significant in scope, the initial $25 million will be tokenized using Chintai’s regulated infrastructure. Tejas Patel, president of PREH, said the firm selected Chintai for its compliance-first design and its ability to streamline investor onboarding, capital flow, and reporting—all within a blockchain-native framework. “Their platform gives us regulatory clarity without sacrificing the efficiency and flexibility blockchain provides,” Patel stated. Founded in 2010, PREH specializes in acquiring and managing high-end multifamily assets and has already executed over $500 million in property deals. By turning to tokenization, the firm aims to address long-standing issues around liquidity and transparency that have traditionally plagued private real estate markets. Chintai, the layer-1 blockchain supporting the project, is also known for powering ESG-focused investment products like the R3 Sustainability Fund. Its native token, CHEX, trades at $0.24 with a market cap of roughly $244 million. Reporter at Coindoo Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/wall-street-backed-real-estate-fund-goes-digital-with-tokenized-launch/