Thai Digital Assets Exchange (TDX), a subsidiary of the Stock Exchange of Thailand (SET), is set to launch trading services for investment and utility tokens in the third quarter after receiving a licence from the Finance Ministry on March 25.
In addition to trading services, TDX plans to provide token settlement and storage services.
Kitti Sutthiatthasil, the SET’s executive vice-president, head of strategic initiatives and industry utility, said TDX’s trading system is being reviewed by the Securities and Exchange Commission prior to its launch.
He said TDX will serve as a digital trading platform that connects digital assets with the traditional capital market.
The platform aims to create new fundraising opportunities for businesses and meet the investment needs of the new generation, said Mr Kitti.
In the first phase, two types of digital tokens — investment…
