Chintai: Raises $7.5M in Seed Financing
- Chintai, a Singapore-based provider of a blockchain technology platform for compliant tokenization of traditional financial assets, raised $7.5m in funding
- The round was led by Block.one with participation from Cryptology Asset Group, Collective Capital, Peer Venture Partners, and Chimera Wealth
- The company will use the funds to expand its business reach and development efforts
- The company provides blockchain technology to modernize capital markets for asset managers, banks, and enterprises
- The company’s product suite enables financial institutions to embrace blockchain technology for regulated assets such as securities, debt, and real estate
- The company uses Block.one’s open source EOSIO protocol to provide clients with compliance-enabled digital asset technology for issuance, secondary trading
