PREH launches $100M tokenized real estate fund on Chintai blockchain, targeting accredited investors. Strategy acquires 13,390 BTC, worth $1.34B, bringing its total holdings to 568,840 BTC. BIS reports $600B in cross-border crypto transactions, driven by speculation and use cases like remittances.
The cryptocurrency market saw notable activity on May 12, 2025, with ripples extending into the real estate and corporate sectors. Three key developments stood out: a major U.S. real estate firm, Strategy, expanded its Bitcoin holdings, the Bank for International Settlements (BIS) released a report shedding light on speculation in cross-border crypto payments, and another US real estate firm pioneered a tokenized investment fund, signaling growing convergence between traditional assets and digital currencies.
Patel Real Estate Holdings (PREH) has launched a $100 million tokenized investment fund, targeting accredited investors in institutional-grade real estate opportunities. The PREH Multifamily Fund is focused on vintage Class A multifamily properties across the top 20 U.S. growth markets. The fund is built on the Chintai blockchain, a platform designed explicitly for tokenization.
The fund's tokenization is seen as an attempt to address the liquidity and transparency issues typically presented with private real estate investments. With 25 million out of a $100 million allocation initially tokenized, PREH aims to offer a digital-native investment structure.
This includes compliant onboarding, real-time reporting and the possibility of secondary market transfers, which sets the project apart from traditional investment vehicles. According to PREH’s president, Tejas Patel, Chintai’s institutional-grade platform provides the required technology to stay compliant while taking advantage of blockchain benefits.
MicroStrategy, now rebranded as Strategy, made another major Bitcoin acquisition, purchasing 13,390 BTC for approximately $1.34 billion. This move brings the company’s total Bitcoin holdings to 568,840 BTC, worth over $59 billion. The company acquired Bitcoin at a time when accumulating it as a treasury reserve asset, which is becoming more common in corporate circles. The company's purchase was made using profits from selling Class A shares and preferred stock.
This acquisition is part of Strategy’s strategy to secure funds for more Bitcoin investments, targeting a total spending of $84 billion by 2027. Strategy co-founder Michael Saylor has adhered to the company’s plan to inflate its Bitcoin holdings, irrespective of market changes. Analysts anticipate the firm’s buying will persist intensely, given widespread predictions that many companies will likely invest in Bitcoin to protect against inflation and stability concerns.
The BIS revealed data from the second quarter of 2024 showing roughly $600 billion in cross-border cryptocurrency transactions. The BIS attributed many of these transactions to speculative investment, primarily pushed by Bitcoin and Ether. Stablecoins such as USDt and USDC also played a significant role in facilitating payments.
The BIS report has pointed out that the influx of cryptocurrencies across borders is no longer strictly investment-motivated, but is practically driven by use cases, such as remittances and cross-border transactions within nations where inflation rates run high.
The report continued to state that geographical barriers have minimal effects on cryptocurrency transactions relative to traditional financial systems.
Even with increased integration of cryptocurrencies with the global economy, their value rises as speculative assets as institutional and retail investors use digital currencies for international payment.