During the past six years ChintaiNetwork has obtained multiple financial licenses to issue Real World Assets (RWA) in primary markets and subsequently trade RWA in secondary markets, building a comprehensive RWA blockchain platform designed to achieve two primary goals:
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Modernize traditional financial markets (TradFi) for asset managers, banks and other institutions, bringing RWA to market quickly, compliantly and more economically than any other approach
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Democratize and ultimately decentralize (DeFi) RWA investor access to traditionally private, illiquid investments, bringing all assets to investor fingertips, trading every asset class from securities to crypto, investing in pre-IPO securities, staking rewards, AMM liquidity yield, air drops, crypto bridges to multiple blockchain communities, and fiat ramps to multiple banking institutions
At its core, Chintai’s platform is a one-stop licensed, regulated, compliant, permissioned L1 blockchain for RWA tokenization, issuance and trading. Any asset class can be tokenized and subsequently traded, including equities, bonds, real-estate and carbon credits, just to name a few (think: Coinbase). Institutional partners can optionally use their own branded websites for dynamic customer on-boarding, issuance and trading using Chintai’s extensive white label services (think: Shopify).
In the TradFi space, Chintai has established a regulated financial institution for efficient security token issuance and trading by any issuer, any security, any asset class, including full lifecycle white label service and AMM trading for institutional, expert and accredited investors.
In the DeFi space, Chintai has established a next-generation Initial Coin Offering (ICO) platform for RWA issuance and trading by any issuer, any non-security asset class, including full lifecycle white label service and AMM trading for institutional, expert, accredited and retail investors (currently excludes retail US citizens).
Successful RWA platforms must be properly licensed and maintain ongoing regulatory compliance throughout the technology stack and business operation. Chintai holds multiple licenses to handle RWA in three jurisdictions. Legally acting as its own financial institution, Chintai obtained two licenses from the Monetary Authority of Singapore (MAS) in 2022 for issuance (CMS) and trading (RMO) of tokenized assets — including securities. A third MAS custodial extension to the CMS license is pending. United States broker-dealer ATS licensure is now in place through partnerships with Baird Augustine and Allo.xyz. An existing license to operate in British Virgin Islands (BVI) is being replaced by a newly-established VASP license, awaiting final approval. Global Economy scored Singapore as the highest-quality regulator in 2021. Singapore has consistently remained a top-5 financial services hub. Chintai legally services the entire RWA marketplace, projected to be a US$28 trillion market by 2030 (Ernst & Young-Parthenon).
Driven by years of institutional client requirements, Chintai designed a dual Coinbase + Shopify regulated RWA business model that makes Chintai itself the primary licensed financial institution, employing vertical integration to streamline business processes and significantly reduce issuance cost by up to 70%, increasing competitive advantage by bringing RWA to market faster than any other platform.
Critical infrastructure is provided, including robust KYC/AML with automated compliance powered by Sentinel AI technology, end-to-end white labeling for client-branded customer onboarding, dynamic RWA tokenization, issuance and trading, high-performance secondary trading with innovative Automated Market Makers (AMM). Sentinel is core monitoring infrastructure that ensures all transactions remain compliant using a sophisticated, client-customizable rules engine. Sentinel can be leveraged by external L1/L2 exchanges for compliant transactions, avoiding costly regulator approval and lengthy internal compliance engine development.
Chintai checks all the boxes!
CHintai EXchange token (CHEX) is Chintai's blockchain utility token that powers all transactions. Everything runs on-chain and CHEX is a required resource to perform all activities including RWA issuance, trading and account maintenance. CHEX holders can stake for real yield from fees collected by Chintai during RWA issuance, ongoing trading and account maintenance.
Equally critical, CHEX is the gateway token for liquidity between decentralized (DeFi) and traditional financial (TradFi) systems. CHEX is a multi-chain token that attracts liquidity and investors from several blockchain communities including ETH, SOL, Base, BSC and EOS, exposing investors to a secondary market of RWA tokens to trade in their portfolios.
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Market Cap: $103M as of 9-July-2024
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All-Time High: $0.4367 on 11-April-2024
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Fair Launch: Dutch auction held from 8-Apr-2019 to 4-Dec-2019, average price ~$0.001
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Max Supply: 998.8 million fully distributed, no locks and no vested tokens
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Deflationary: 5% of fees earned used for token buyback and burn
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Yield: 10% of fees earned by Chintai from issuance, trading and account maintenance go towards real yield for CHEX stakers
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Airdrops: Issuers can optionally airdrop utility, governance or other tokens to CHEX stakers
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CHEX buybacks: Chintai periodically purchases CHEX from public markets to increase its treasury for anticipated network growth; first $0.5 million buyback took place on 16-May-2024
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Market Making: Chintai announced on 20-June-2024 that Acheron Trading was chosen as the primary market maker for CHEX across multiple exchanges and blockchains, and to assist obtaining top-tier exchange listings
Capital Markets Services (23 August, 2022) MAS license to issue RWA in all asset classes, including securities, granted by Monetary Authority of Singapore
Recognized Capital Market Operator (25 October, 2022) MAS license to trade regulated RWA, including securities, granted by Monetary Authority of Singapore
A third custodial extension to the CMS license is pending
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United States broker-dealer ATS licensure is in place through partnerships with Baird Augustine and Allo.xyz
An existing license to operate in British Virgin Islands (BVI) is being replaced by a newly-established VASP license, awaits final processing
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Chintai is seeking additional licenses to operate in other jurisdictions including Hong Kong, UK and in the Middle East
Last Updated: 28-August-2024
David Packham, Chintai CEO, noted dozens of institutional clients have joined Chintai’s pipeline for RWA issuance and trading, a broad selected of assets including renewable energy, real estate, carbon credits, funds, bonds, pre-IPO securities and collectibles; the pace of new agreements is accelerating
Chintai estimates $150 to $300 million in Total Assets Issued (TVI) on-chain by the end of Q4, 2024, and $2 billion TVI by the end of Q1, 2025. The latest AMA event confirmed 70% of Chintai's growing client pipeline remains under NDAs with 30% publicly confirmed:
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Allo.xyz (White-labeled)
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Athena Art Finance (Fine Art, White-labeled)
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Baird Augustine (Stocks/Funds, White-labeled)
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Bricklet (Real-Estate)
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CAC-H2 Pte Ltd (Sustainable Hydrogen)
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DNA (Securities/Funds, White-labeled)
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DNZ Venture Global (Real-Estate, Carbon Credits, White-labeled)
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Greenium/X (Carbon Credits, White-labeled)
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Kabinburi Industrial Zone (Net-Zero Industrial Zone)
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Kin Capital Group (Real Estate)
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Net Zero-X (Renewable Energy White-labeled Exchange)
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Premier Art Acquisitions (Fine Art)
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Raffles Family Office (Securities/Funds)
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Revo Digital Family Office (Securities/Funds)
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SDAX (Securities/Funds, White-labeled)​​
There are approximately three dozen undisclosed clients with signed NDAs in place, including:
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Unnamed $90B stealth entity in UAE issuing a pilot oil bond valued between $150M and $350M, with recurring issuances
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Unnamed client issuing collectable whiskey
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Unnamed fund management company using private Automated Market Makers (AMM) in Chintai’s regulated exchange for wealth fund liquidity provision, including on-chain fund record keeping
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​With a large and growing client pipeline, Chintai anticipates being the first RWA tokenization/trading platform managing low-to-mid-billions entirely on-chain
Chintai has collaborated with some of the world’s largest financial institutions over the past six years, driving key features required in an optimal tokenization platform
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To be clear, collaborate means public confirmation that discussions have been held; partner means public confirmation that an agreement has been reached to work together; client means an RWA tokenization agreement is in place in Chintai's issuance pipeline
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Chintai recently disclosed RWA white labeling partnerships with Baird Augustine and Allo.xyz to leverage Broker-Dealer ATS licensure for tokenizing and trading RWA in the United States. Chintai also recently mentioned its partnerships with Ernst & Young, DBS and Passion Venture Capital. Chintai CEO, David Packham, also announced a partnership with Coinbase to distribute RWA issued by Chintai to Coinbase accredited and institutional customers on Base, also confirmed a joint marketing partnership with Ernst & Young for ongoing joint VIP sessions
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Chintai’s Chief Growth Officer confirmed early stage RWA collaboration with J.P. Morgan. David Packham confirmed RWA collaboration with Blackrock, Vanguard, SS&C and Northern Trust during a recent Benzinga interview, as discussed beginning at time point 1:23:07. David Packham also discussed Blackrock collaboration during the Benzinga interview at time point 1:08:50. Chintai has also collaborated with Goldman Sachs, Standard Chartered, Interactive Brokers, GAM Investments, Hywin Financial Holding Group and The Ascent Group. There has been other collaboration with several sovereign funds, exchanges, private banks and asset managers, including​ LGT Private Banking, UBP — Union Bancaire Privée, Azimut Group, Temasek and Northern Trust, plus a recent event with Schroders, HSBC and PhillipCapital​​​
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Chintai also collaborates with public blockchains to expand its RWA distribution network, increase CHEX liquidity, attract retail investors and provide external compliance services. There are ongoing discussions with Solana Foundation, as David Packham recently stated:
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We have several clients that are each looking to do billion dollar plus issuance within the next year . . . Our goal has always been to make RWA available on public chains . . . The problem with making RWA’s available on a public chain however is finding ways to enforce compliance controls, but today I can share that we may have finally found our solution. Last week our team had a very promising call with representatives from the Solana Foundation (big thanks to @Austin_Federa for arranging it). We discussed ways we can collaborate and bring RWA’s onto Solana by taking advantage of Solana’s new token extensions . . . with the goal of making Solana a key global hub for RWA.
The Biochar carbon credit from GXLabs became the first issuance from Chintai’s RWA pipeline on 26-Mar-2024, issuing 70,000 CHAR tokens priced at $55 per token, $3.85 million market cap, with each BioChar token ensuring sequestration of 1 metric ton in greenhouse gas. The issuance was 86% filled within days of issuance by Swiss Re Group and fully sold less than two weeks after issuance. Additional issuers are expected to launch in 2024, including DNZ Venture Global who are piloting fractional real estate securities and carbon credit tokens.
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On 28-July-2024 Net Zero-X announced their first security token issuance, WDER, a $6.5 million raise with each token representing stake in a state-of-the-art waste management and energy recovery facility in the United Kingdom, issued on the Net Zero exchange using Chintai's comprehensive white labeled, MAS-regulated RWA issuance and trading blockchain, powered by CHEX.
​​​​CHEX is currently traded on these centralized exchanges:
Bitfinex (CHEX/USD)
BitMart (CHEX/BTC)
MEXC (CHEX/USDT)
Gate.io (CHEX/USDT)
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CHEX is currently traded on Ethereum:
Contract: 0x9Ce84F6A69986a83d92C324df10bC8E64771030f
Uniswap (CHEX/ETH)
CoWSwap (CHEX/WETH)
SushiSwap (CHEX/WETH)
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CHEX is currently traded on Base:
Contract: 0xc43f3ae305a92043bd9b62ebd2fe14f7547ee485
Aerodrome (CHEX/USDC)
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CHEX is currently traded on Solana:
Contract: 6dKCoWjpj5MFU5gWDEFdpUUeBasBLK3wLEwhUzQPAa1e
Raydium (CHEX/SOL)
Market ID: D8JjVpFdXjFvHmsX7LyFy8iHXEqzhbQo576Rt8rZkyiq
Jupiter (CHEX/SOL)
Orca (CHEX/SOL)
Phantom is the recommended Solana wallet
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CHEX is currently traded on Binance:
Pancakeswap V3 (CHEX/WBNB)
CHEX is currently traded on EOS:
Although CHEX is a multi-chain gateway token, emphasis is placed on the CHEX ERC20 token to access deep Ethereum liquidity
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CHEX bridged to/from Ethereum and EOS Network on 29-Feb-2024
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CHEX bridged to/from Solana on 3-March-2024 to establish listings on Raydium, Orca and Jupiter, with automated bridge support added on 13-March-2024​​
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CHEX bridged to/from Binance Smart Chain on 14-May-2024
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CHEX bridged to/from Base on 11-June-2024
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CHEX bridge support for deposits and staking in the Chintai Nexus blockchain released on 30-June-2024; support for withdrawing CHEX and bridging out will appear in an upcoming Nexus release
In-depth community articles are curated on Medium:
Frequently Asked Questions
What Are Real World Assets?
Chintai RWA Tokenization Platform Design Overview
Inside Chintai's RWA Business Model
Beta Testing Chintai Nexus
Chintai Nexus Beta Preview
Chintai RWA Tokenization Transforms Traditional Markets
Chintai's Fractional RWA Platform
Chintai's RWA Client Pipeline Preview
Why Tokenize RWA With Chintai?