XSpring Digital with SPV77 will debut Siri Hub Investment Digital Tokens (SIRIHUB), Thailand’s first real estate-backed tokens, today on XSpring Digital’s platform, with an aim to provide opportunities for investors at all levels to access high-value real-estate investments.
SIRIHUB is Thailand’s first real estate-backed token under the supervision of the Securities and Exchange Commission (SEC).
The subscription will be available on the platform between Sept 21 and Oct 4.
The tokens are priced 10 baht each and expected to be traded on ERX Co, a local digital exchange, on Aug 12, said Att Tongyai Asavanund, chief executive of XSpring Digital.
The tokens, valued 2.4 billion baht, are subdivided into two tranches,…
