PreH房地产控股（PREH）在Chintai区块链上启动了1亿美元的令牌化基金

PreH房地产持有（PREH）已在Chintai区块链上启动了1亿美元的令牌化基金，旨在为认可的投资者提供

Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities.

Patel Real Estate Holdings（PreH）已在Chintai区块链上启动了1亿美元的令牌化基金，旨在使经认可的投资者获得机构级房地产机会。

The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A multifamily units across the top 20 US growth markets, the company said on May 12.

该公司于5月12日表示，新的PreH多户家庭基金是一款专注于美国20美国增长市场的A级多户家庭单位的标记投资工具。

“The entire structure is digital-native from the start — compliant onboarding, reporting, capital calls, and (potential) secondary market transfers,” a PREH spokesperson said.

PreH发言人说：“从一开始，整个结构都是数字化的 - 兼容的入职，报告，大都会呼叫和（潜在的）二级市场转移。”

The fund is part of a broader $750 million investment vehicle co-developed by PREH and several institutional firms, including Carlyle, DRA Advisors, Walton Street Capital, RPM and KKR. Initially, the company said that $25 million of the $100 million allocation would be tokenized on Chintai.

该基金是由PreH和几家机构公司共同开发的7.5亿美元投资工具的一部分，包括Carlyle，DRA顾问，Walton Street Capital，RPM和KKR。最初，该公司表示，在Chintai的1亿美元拨款中，有2500万美元将被标记。

According to PREH, the tokenization structure helps alleviate many transparency and liquidity constraints investors typically face in private market placements.

根据PreH的说法，令牌化结构有助于减轻投资者在私人市场安置中通常面临的许多透明度和流动性约束。

Founded in 2010, PREH is a national real estate asset manager that oversees a portfolio of Class A multifamily properties. The company owns and operates real estate investments, overseeing the acquisition, financing and management of properties.

PreH成立于2010年，是一位国家房地产资产经理，负责监督A类多户住宅的投资组合。该公司拥有并经营房地产投资，监督房地产的收购，融资和管理。

Since its inception, PREH has completed more than $500 million in real estate transactions.

自成立以来，PreH已完成了超过5亿美元的房地产交易。

Chintai is a tokenization-focused layer-1 blockchain that also powers the R3 Sustainability Fund for environmental, social, and governance (ESG) investing. Its native token, CHEX, is currently valued at $0.24, with a total market capitalization of $244 million, according to CoinMarketCap.

Chintai是一个以令牌化为重点的层区块链，它还为R3可持续发展基金会为环境，社会和治理（ESG）投资提供动力。根据CoinMarketCap的数据，它的原住民令牌Chex目前的价值为0.24美元，总市值为2.44亿美元。

"We chose Chintai because they offer a fully regulated, institutional-grade platform purpose-built for tokenizing real-world assets,” PREH’s president, Tejas Patel, said in a written statement, adding:

Preh总裁Tejas Patel在一份书面声明中说：“我们之所以选择Chintai，是为实现现实世界的全球资产提供全面监管的机构平台专门建造的。”

Related: RWA tokenization trends and market outlook for 2025: Report

相关：RWA令牌化趋势和2025年市场前景：报告

Tokenizing real estate

象征房地产

Tokenizing real estate has long been seen as a way to modernize property investment, but until recently, real-world examples were rare.

长期以来，令牌房地产已被视为现代化房地产投资的一种方式，但直到最近，现实世界中的例子很少。

By early 2025, real estate tokenization had gained traction across North America and the United Arab Emirates, while efforts are underway in Europe to establish regulatory frameworks that support its growth.

到2025年初，房地产令牌化在北美和阿拉伯联合酋长国已经获得了吸引力，而欧洲正在努力建立支持其增长的监管框架。

One of the biggest catalysts for tokenization is the “ability to eliminate the illiquidity discount on real estate,” Polygon CEO Mark Boiron told Cointelegraph in March.

Polygon首席执行官Mark Boiron在三月份告诉Cointelegraph，最大的代币化催化剂之一是“消除房地产不足折扣的能力”。

The growth of liquid secondary markets for fractional real estate could significantly strengthen that advantage.

分数房地产液体二级市场的增长可以显着增强这一优势。

This motivation also drove RWA platform DigiShares to launch the REX marketplace on Polygon earlier this year, featuring two luxury property listings in Miami, Florida.

这种动机还促使RWA平台Digishares今年早些时候在Polygon上推出了Rex市场，在佛罗里达州迈阿密有两份豪华物业清单。

Efforts are also underway to tokenize commercial real estate, with Blocksquare and Vera Capital recently partnering to offer fractional ownership of more than $1 billion worth of properties.

也正在努力进行商业房地产，最近有Blocksquare和Vera Capital合作提供了价值超过10亿美元的物业的分数所有权。

Against this backdrop, consultancy firm Deloitte has forecast that $4 trillion worth of real estate will be tokenized on the blockchain over the next decade.

在这种背景下，咨询公司德勤（Deloitte）预测，在未来十年中，将在区块链上进行4万亿美元的房地产。