Chintai Provides a Regulatory Bridge to Enable Blockchain Adoption for Compliant Digital Assets at Scale
Chintai opens its Singapore office as headquarters for APAC expansion.
Chintai, a Singapore-based Fintech company that utilises blockchain technology to modernise capital markets for banks, financial institutions, and asset managers, announces the opening of its Asia-Pacific headquarters in Singapore with an invitation to financial institutions such as banks and asset managers to join its beta institutional digital asset platform programme.
As a blockchain technology provider for compliant issuance of digital assets, Chintai provides a platform for institutions and SMEs to create, issue, and tokenise traditional assets in capital markets. This platform provides institutions with a simple way to set up their own issuances, in an interoperable compliance protocol for digital assets that brings efficiencies and cost savings in comparison to current practices in the market. The institutional beta programme includes various asset classes and sophisticated instruments to drive that adoption.
Chintai aims to be the leading technology provider for digital assets that utilise blockchain, with Singapore as its headquarters for an Asia-Pacific expansion. The company’s vision is backed by well-known global venture capitals of blockchain technology such as B1, Cryptology Asset Group, Collective Capital, Peer Venture Partners, Chimera Wealth, and partnered with Bovill, an independent financial services regulatory consultancy.
David Packham, Founder of Chintai, said, “Our focus on Singapore is a natural decision due to its world-class financial infrastructure, business environment and regulatory framework. As we set our sights on tapping into the broader Asia-Pacific market, we see a strong potential for blockchain adoption by institutions in this region, with Singapore being a major key market that will lead the way. With our team of experts that come with deep experience in banking, capital markets and blockchain technology, we are confident in elevating the overall level of the blockchain ecosystem in Singapore, especially at the institutional level.”
Given its business-friendly FinTech ecosystem, robust regulatory compliance framework and environment for digital assets that is open and progressive, Chintai has set its sights on strategically expanding its investment and presence with Singapore as its headquarters in APAC. It is actively engaging the Fintech community in Singapore and is working closely with the Singapore Fintech Association and Blockchain Association of Singapore to drive initiatives across industry, commerce and education.
The company is a gold sponsor for the current Singapore Fintech Festival Global Fintech Awards 2021 and is actively hiring talent for its Singapore office. Chintai is also in collaboration with the National University of Singapore’s Business School for their education programmes.