Chintai., a Singapore-based Software as a Service (SaaS) company focusing on modernizing capital markets infrastructure through blockchain technology, raised a funding round.
The round was led by the tech-focused investment firm B1.
B1 invests in founders and projects with bold ideas across industries and geographies, at every stage from inception to IPO and beyond. They help them maximize the potential of their innovative ideas and businesses.
Chintai Use of Funds
The company intends to use the funding to fuel the growth of the company as it launches its core regulated platform.
Chintai is a one-stop solution for modernizing capital markets. Regulated and licensed by the Monetary Authority of Singapore, the Chintai platform uses blockchain technology to enable traditional finance and innovative companies to harness the power of digital assets. The product suite includes all features and functionalities to streamline business operations and create a competitive advantage for enterprises. This includes dynamic security token issuance, high-performance secondary trading, and automated compliance infrastructure for regulated digital assets. The strategic aim is to bridge the gap between businesses and compliant blockchain technology with a Blockchain Platform-as-a-Service (BPaaS) model.
Company: Chintai Network Services Pte Ltd.
Funding Month: November 2023
Lead Investors: B1
Company Website: https://chintai.io/
Software Category: Blockchain Solutions