The latest surge in trading volume showcases heightened market activity. This surge in activity comes as a result of Chintai being licensed to focus on a regulated, sustainable pathway that appeals to institutional capital.
This licensing allows Chintai to offer a wide range of assets, from bonds to real estate and carbon credits. The company aims to tap into a substantial market cap that is forecasted to reach $16 trillion by 2030.
The application supports the full trade life cycle of real-world digital assets, including carbon credits, utility tokens, collectibles, and alternative assets. While the specific assets the fund will hold remain undisclosed, the involvement of Securitize hints at a focus on tokenizing real-world assets (RWA).
This involves representing ownership of a broad array of assets through a blockchain token, a practice gaining traction for its potential to enhance asset liquidity and efficiency. In addition, the company also filed for a spot ether (ETH) ETF last year.
This demonstrates a diversification of their offerings and an interest in expanding into the world of digital assets.