Avantis raises THB100 million to launch Thailand’s first ‘SANGA’ digital asset tokenization platform that provides property & lifestyle investment opportunities

Meanwhile, prices and returns on investment in the real-world asset-backed property tokens are fundamentally based on prices of asset classes in the real world. SANGA does not utilize the blockchain technology to tokenize real-world assets in order to drive up the prices in the market, but the objective of the tokenization of real-world assets is to benefit the industry such as helping to reduce operating costs or simplifying land ownership transfers, using digital land as a collateral assets and mortgage applications. Investors, traders, owners and buyers do not have to bring along any physical land title deed to complete a transaction in order to avoid unnecessarily increasing expenses. The adoption of real-world asset tokenization efficiently helps save costs and time. The rising momentum of tokenized real estate investing has led to many countries and territories imposing new…