TheReporter.asia

ข่าวไอที เทคโนโลยี

Token X set to tap into the digital token market

Token X

Token X Co., Ltd. is a subsidiary of SCB 10X Co., Ltd., a holding company under the Siam Commercial Bank (SCB) Group. The company plans to offer total solutions to those interested in issuing digital tokens, including tokenization consulting, business planning, and the development of blockchain and other related technologies.

Prepping for providing an initial coin offering (ICO) portal service by the fourth quarter this year, the company is currently seeking an ICO Portal’s license from the Securities and Exchange Commission (SEC). Token X aims to become an ASEAN leader in digital asset tokenization by 2025.

Token X’s Chief Executive Officer, Ms. Jittinun Chatsiharach said, “Even though digital tokens are rather new in Thailand, they will be  growth potential, and we are very confident that in the near future they will play a vital role in funding companies with new ideas and projects through digital token issuance or initial coin offering (ICO). Our role is to raise new capabilities in digital asset tokenization to add value in developing new growth models and apply tokenization to businesses.

Our plan is to offer wider opportunities to investors to access qualified digital tokens and diverse investment options in the future. Token X’s plan to provide total solutions for tokenization consulting, business planning regarding Blockchain, and other technologies related to digital tokens to help clients achieve their business goals.”

“Token X is currently seeking an ICO Portal’s license from the Securities and Exchange Commission (SEC) to provide ICO portal service expected by the fourth quarter this year. We have set a business goal of becoming Southeast Asia leader in digital asset tokenization by 2025.” Ms. Jittinun concluded.