Chintai Raises $7.5M in Seed Financing
Summary
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. Led by David Packham, Chintai 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, automated market making, cap table management, custody, and more.