R3 Sustainability has partnered with Chintai to launch a new sustainable, blockchain-based investment fund, reports Cointelegraph.
R3 Sustainability will leverage Chintai’s layer-1 (L1) blockchain for the development of a $795 million real-world asset (RWA) tokenisation fund focused on environmental, social and governance (ESG) investing.
The fund is part of the growing RWA tokenisation sector, which refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities.
Tokenisation creates more “direct, efficient and scalable ways to access liquidity,” according to Josh Gordon, managing director of Chintai.
By reducing investment costs, the fund aims to open new infrastructure financing opportunities to broader audiences, Gordon told Cointelegraph, adding:
“This isn’t only about ESG — it’s about fundamentally transforming how capital flows into industries that have been dominated by expensive investment banks for decades.”
The $795 million fund comes during growing interest in the RWA sector, a day after onchain RWAs hit a new record high of $17.1 billion across 82,0000 total asset holders, excluding the value of stablecoins, according to data from RWA.xyz.
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