Copy link
Increase text size
Decrease text size
Link copied

Chintai-Blockchain for Digitial asset

Fri, 22 Mar 2024, 09:49 am UTC

A comprehensive blockchain solution that modernizes capital markets for asset managers, banks, and enterprises. Chintai has deployed a high-performance, permissioned blockchain network that provides institutional-grade digital asset solutions. Chintai offers comprehensive digital asset services for primary issuance, secondary markets, and asset management.

Chintai operates through two distinct platforms,

Chintai Singapore - licensed to act as a Capital Market Services (CMS) and Recognized Market Operator (RMO) by the MAS, allows for primary issuance and secondary market trading in digital securities. It includes equities, real estate, and bonds to collective investment schemes, funds, commodities, and more.

Nexus- Nexus is a standalone business unit of the group, fully ring-fenced from Chintai Singapore and based in the British Virgin Islands (BVI). Nexus caters to the primary issuance of non-security tokens such as

Carbon credits

Utility tokens

Alternative assets

Business model-

The fees for issuance are based on the size of the issuance and are paid by the issuer.

Features on the platform-

It issues a broad range of digital assets and supports a highly efficient order book.

TheNexuss platform can interface with public blockchains and Defi systems. It also features Automated Market Maker (AMM) which helps to trade continuously even if the market has low liquidity.

Scalability-

Block time confirmation- 5 seconds

Transaction per second -8000

CHEXUSD surged more than 85% in the past ten days. It holds above the short-term (21 and 55 EMA) and above the long-term moving average. It hit a high of $0.205 and is currently trading around $0.202.

The bullish invalidation can happen if the pair closes below $0.10. On the lower side, the near-term support is $0.17. Any break below targets $0.15/$0.12. Any breach below $0.10 targets $0.050.

The pair's near-term resistance is around $0.210. Any breach above confirms minor bullishness. A jump to $0.25/$0.30 is possible. A surge past $0.30 will take it to $0.50.

.

It is good to buy on dips around $0.15 with SL around $0.10 for TP of $0.25.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

Back to top
Copyright ⓒ TokenPost. All Rights Reserved.