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CHEX (Chintai) rose 12.73% in the last 24 hours.
Gate News Bot message, September 5, according to CoinMarketCap, as of the time of writing, CHEX (Chintai) is currently priced at 0.11 USD, with a 12.73% rise in the last 24 hours, reaching a high of 0.13 USD and a low of 0.09 USD. The current market capitalization is approximately 115 million USD, an increase of 12.9 million USD compared to yesterday.
Chintai is an enterprise-level solution provider focused on the digital asset space. The platform offers a full range of digital asset services for enterprises, including tokenization, market trading, compliance infrastructure, and blockchain platform as a service. Chintai is dedicated to helping businesses harness the power of blockchain technology by providing customized solutions for entrepreneurs, SMEs, and financial institutions.
Important news about CHEX recently:
1️⃣ Chintai completes a $570 million real estate cash flow tokenization project On February 24, Chintai successfully completed a $570 million real estate cash flow tokenization project for RealNOI. This large-scale real asset tokenization project showcases Chintai's strength in enterprise-level blockchain solutions and is expected to attract more institutional investors' attention to the CHEX token.
2️⃣ The trend of real asset tokenization drives the rise of CHEX prices As the tokenization narrative continues to heat up, Real World Asset tokens (RWA tokens) are leading the rebound in the cryptocurrency market. As a platform focused on asset tokenization, Chintai directly benefits from this trend, and the price of CHEX tokens is thus supported.
3️⃣ Chintai partners with Nexus and Chainlink to expand institutional-grade digital asset issuance Chintai has announced a collaboration with Nexus and Chainlink, aiming to expand the issuance scale of institutional-grade digital assets globally. This strategic partnership is expected to enhance Chintai's market position and may bring in more large-scale projects, thereby increasing the utility and demand for the CHEX token.
From a technical perspective, the CHEX token has recently broken through the important resistance level of $0.10 and is currently testing new highs around $0.13. If it can hold this level, it may attract more investors to enter the market, further driving the price pump.
This message is not to be taken as investment advice; investors should be aware of market volatility risks.