Realnoi, a company that focuses on transforming property income into a marketable asset, has rolled its blockchain-powered rental platform built on top of the real world (RWA) Tokenization Service Chintai.

The platform gives investors access to cash flows worth $ 570 million from nearly 1,900 apartments with expected annual returns of over 5%. Contrary to traditional real estate tokenization involving fractional property ownership, realnoi focuses solely on rental income, eliminating the need for title transfers, notaries or direct property management. Rental allowance flows are detected on-chain for real-time transparency and can be traded in secondary markets.

Realnois launch represents a significant leap from the $ 124 million that were originally projected when the company announced its partnership with Chintai in December.

“We have been flooded with queries [since the announcement]”Connor Gallic, Chief Blockchain Officer at Realnoi, said in an interview with Coindesk. With reference to a report from Commercial Property Survey Service Cred Iq, he said 40% of property owner’s property owner’s loan has trouble getting refinancing because higher interest prices Reduced property values and needed additional capital.

“There is a big displacement in the market,” Gallic said. “Our solution solves it. And it gives the crypto community an opportunity to show the financing markets of crypto markets to transform the financial sector in a meaningful way.

Chintai describes his services as “Shopify” for active tag with its LAG-1 blockchain and native token Chex, which operates the network. Chintai Network Services PTE LTD, the network’s ecosystem development company, is regulated and licensed by Monetary Authority of Singapore (MAS) to serve as a provider of capital market services and a recognized market operator for primary issuance and secondary market trading with digital security Values, according to they Digital securities, according to the digital securities, according to the digital securities, according to it. for the project’s White Paper.

In this case, realnoiii sources and curates the properties of the platform, while Chintai handles all tokenization processes, including the creation of Rentstream -Tokens, which represents rental income that investors can buy, automated rent payments through smart contracts and compliance with rules.

“Realnoi, which goes live, is super exciting, but also the wider story is that this model can be replicated across different industries,” a chintai spokesman said. “You could have countless versions of realnoi launch with chintai driving everything.”