The Stock Exchange of Thailand (SET) is launching Thai Digital Exchange (TDX), its own bourse for digital assets, in the third quarter of next year with asset-backed investment tokens as the first product.
Pakorn Peetathawatchai, SET president, said the digital exchange will serve as an application programming interface platform and portal for collaborators such as banks, securities companies, investment management companies, wallet providers and custodians to provide their services to customers.
The SET is applying for a digital exchange licence from the Securities and Exchange Commission. Initial coin offerings (ICOs) and tokenisation will be among the first services available after TDX obtains the licence, said Mr…
