"Token X", a subsidiary of SCB 10X, set to tap into the digital token market, aiming to be an ASEAN leader in digital asset tokenization by 2025

Press Releases »

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", a subsidiary of SCB 10X, set to tap into the digital token market, aiming to be 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.

To learn more about digital tokens, please visit www.tokenx.finance


ข่าวSiam Commercial Bank+the companyวันนี้

SCB Launches "Hassle-Free Transfers via SCB EASY on Messenger" A New Payment Option for Online Merchants Using QR Codes for the First Time in Thailand

- Fast and seamless — just chat, No entering account numbers or saving QR images. Siam Commercial Bank (SCB) is advancing its "Digital Bank with Human Touch" vision by integrating AI technology into the SCB Payment Gateway, delivering seamless payment experiences across all channels. The latest innovation, "Hassle-Free Transfers via SCB EASY on Messenger", giving online merchants a fast and convenient payment option. Customers can complete transactions via chat without entering account numbers

Seamless Scan-and-Pay via Thai QR Payment... SCB expands Cross-Border Payment Service to "China - Laos," Covering 8 ASEAN Countries — Seamless Scan-and-Pay via Thai QR Payment and Mae Manee Merchants...

Siam Commercial Bank (SCB) emphasizes the... SCB Clinches 4 Major International AI Awards, Fully Commits to AI-First Bank — Siam Commercial Bank (SCB) emphasizes the success of its Digital Bank with ...

Siam Commercial Bank (SCB), in collaborat... SCB Launches Sustainable Finance to Transform SMEs into Eco-Friendly businesses — Siam Commercial Bank (SCB), in collaboration with the Thai Bankers' Asso...