Tokenization
Sustainable Investment Fund Launched by R3 Sustainability and Chintai
Wednesday. February 5 at 3:00 PM
1 min. readR3 Sustainability has teamed up with Chintai to introduce a new sustainable investment fund based on blockchain technology. Leveraging Chintai's layer-1 blockchain, the $795 million real-world asset (RWA) tokenization fund focuses on environmental, social, and governance (ESG) investing. This initiative is part of the expanding RWA tokenization sector, where assets are minted on the blockchain ledger, enhancing accessibility and trading options. By reducing investment expenses, the fund aims to provide infrastructure financing opportunities to a wider audience. The fund includes sustainability programs such as energy-efficient housing, industrial project development, desalination plant construction, and resource efficiency projects. With predictions of significant growth in the RWA sector, the fund targets the utility infrastructure market, anticipating substantial expansion by 2030. This collaboration signifies a significant step towards sustainable investment practices in the financial sector.