# Chintai Network Services Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chintai-network-services-pte

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.chintai.io
- Total disclosed funding: $7.5M
- Latest round: Seed (Jul 7, 2021)
- Investors on record: 5

## About

Chintai Network Services Pte Ltd, based in Singapore, specializes in blockchain solutions that enable the tokenization of real-world assets, offering a comprehensive platform for asset management.Founded in 2019, Chintai Network Services Pte Ltd provides a blockchain platform-as-a-service aimed at facilitating asset tokenization. The company has engaged in three funding rounds, with the latest being a Seed round on November 7, 2023, raising USD 7.5 mn led by Block.one and other investors. The firm currently has a valuation of USD 29.5 mn. CEO David Packham, along with co-founders Phillip H and Ryan Bethem, have guided the company's growth from its inception without reports of significant pivots or changes in strategy.Chintai Network Services Pte Ltd offers a blockchain platform designed to facilitate the tokenization of real-world assets, encompassing all phases of asset management, including issuance, listing, trading, compliance, custody, distribution, and liquidity services. The platform aims to serve a diverse clientele, including entrepreneurs, SMEs, and financial institutions, with a focus on scalability and compliance in asset tokenization. Chintai primarily operates in the Asia-Pacific region while expanding into the Middle East and Europe.In the most recent financial year of 2022, Chintai reported zero revenue and an EBITDA loss of USD 1,076,942.50 for the year 2023, indicating a current phase of investment and development as they enhance their service offerings and market presence.Following a recent investment round on November 7, 2023, led by Block.one, Chintai Network Services Pte Ltd plans to utilize the funds to enhance its platform and widen its market reach. The company is developing new product features aimed at improving user experience and expanding its blockchain technology offering. Chintai intends to accelerate its expansion into new geographical markets, specifically targeting the Middle East and Europe in the near future.

## Funding rounds

- Seed, Jul 7, 2021, $7.5M — Peer Venture Partners, Samara Asset Group, Block.one, Chimera Wealth, Collective Capital

## Investors

- Peer Venture Partners (https://capitalatlas.ai/funds/peer-venture-partners) — Seed
- Samara Asset Group — Seed
- Block.one (https://capitalatlas.ai/funds/block-one) — Seed
- Chimera Wealth — Seed
- Collective Capital (https://capitalatlas.ai/funds/collective-capital) — Seed