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2021-06-28


Chintai Partners with Chimera Wealth

chintai-partners-with-chimera-wealth

Chintai recently formed a strategic partnership with Chimera Wealth, a California-registered investment advisory firm, to streamline internal processes and offer new financial products.

Chintai started as the first DeFi engine for leasing and trading digital assets on the EOS mainnet, and has now evolved into a Singapore-based company that uses blockchain technology to modernise capital markets for asset managers, banks and corporates.

Through the partnership with Chimera Wealth, they will be automating numerous internal processes performed by the fund administrator, as well as planning the issuance of digital assets according to US regulations.

"We are excited to be working with the Chintai team and their spectacular digital asset solution for capital markets. As we move toward a fully digitized economy, Chintai's ability to bridge the gap between financial regulation and digital assets is indispensable. We look forward to utilizing such technology in managing the assets our clients entrust to us acting as fiduciarie" - AJ Abarca, Managing Partner of Chimera Wealth

The partnership with Chimera Wealth was announced a few days after the partnership with Bovill, an international regulatory consultancy, with which it will conduct issuance and secondary market transactions on their comprehensive capital markets platform.

"It's a pleasure to be working with the ambitious Chintai team, who provide their clients with the "Shopify" model for regulated digital assets on blockchain. We believe their innovative model can play a key role in the development of digital assets as a core part of the broader capital markets ecosystem." - Damon Batten, Head of Capital Markets at Bovill


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