Token X, a subsidiary of SCB 10X Co., Ltd., which in turn is a holding company under the SCBX Group. The Securities and Exchange Commission (SEC) granted the company the license to provide initial coin offering service. In the company’s pipeline is to cooperate with Thailand’s leading corporate clients across industries to generate new growth through tokenization. The ICO portal is part of the key mechanism driving SCBX mothership strategy in prepping for the future finance world.
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Token X’s Chief Executive Officer, Jittinun Chatsiharach said, “Following the SCBX vision on preparing for the future finance world, Token X is now ready to provide total digital token solutions, with our ICO portal being approved and the license awaiting activation by the SEC. The ICO portal is part of the key mechanism driving the SCBX mission to create new capabilities in digital asset tokenization while laying a foundation for strong digital asset ecosystems in Thailand. We are ready to provide total digital token solutions, including tokenization consulting and planning, and the development of blockchain and other related technologies. We have received a warm response from Thailand’s leading corporate clients across industries that are interested in planning tokenization. Token X aims to become an ASEAN leader in digital asset tokenization by 2025.”
According to SEC regulations, an ICO portal is a platform which facilitates the offering of newly issued digital tokens. The ICO portal’s duties include performing due diligence of digital tokens, issuer qualifications, and ensuring the completeness and accuracy of information contained in the filing, the whitepaper or any other information to be disclosed through the portal. To learn more about digital tokens, please visit www.tokenx.finance
