{"id":119138,"date":"2023-12-14T13:57:29","date_gmt":"2023-12-14T06:57:29","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=119138"},"modified":"2023-12-14T13:57:35","modified_gmt":"2023-12-14T06:57:35","slug":"kubix-partners-with-rev-edition-offering-new-year-presents-to-fitness-enthusiasts-via-kubix-application","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/kubix-partners-with-rev-edition-offering-new-year-presents-to-fitness-enthusiasts-via-kubix-application\/","title":{"rendered":"Kubix partners with Rev Edition offering new year presents to fitness enthusiasts via Kubix application"},"content":{"rendered":"\n

Kubix has provided support to Rev Edition, which imports premium running shoes from leading global brands, to spread new year joy in the form of exclusive benefits accessible on the Kubix application. In terms of the fundraising trends in 2023, businesses in Thailand have thus far raised funds worth more than 5 billion Baht via investment tokens through ICO (Initial Coin Offering). Amid the prevailing tokenization trend, the global tokenized asset market is expected to thrive and reach 56 trillion Baht by 2030. This is a promising alternative that could meet the needs of both businesses seeking to access funding sources and investors looking for new investment opportunities.<\/p>\n\n\n\n

Apinya Ruangthaveekoon<\/strong>, Managing Director, Kubix Digital Asset Co., Ltd., said, \u201cCurrently, businesses are facing difficulties in accessing funding sources amid the rising interest rate trend. Soaring funding costs have thus led to a decline in liquidity in financial markets and decelerating investment. However, many businesses which are in the growth stage and with satisfactory performance are still in need of capital for further expansion. A new funding source to access a variety of investors will be a viable option for entrepreneurs in this era. In 2023, the business sector in Thailand has thus far converted real-world assets into more than 5 billion Baht worth of investment tokens via ICO. This trend has increasingly been seen in international markets as well.\u201d<\/p>\n\n\n\n

Thanks to this trend, Kubix, as an ICO portal platform under KASIKORN Business-Technology Group (KBTG), has partnered with Rev Edition Co., Ltd., the operator of REV RUNNR stores, to explore the possibility of mobilizing funds for their lifestyle business through ICO fundraising. Being a leading importer and distributor of sports equipment for modern lifestyles, Rev Edition exhibits promising business prospects, which should attract strong interest from investors. Kubix and Rev Edition will work together to design tokenomics that would be suitable for the issuance of investment tokens in the future.\u00a0\u00a0<\/p>\n\n\n\n

Pornsak Chinawongwatana<\/strong>, CEO, Rev Edition Co., Ltd., said, \u201cThe collaboration between Rev Edition and Kubix to explore the possibility of fundraising via ICO reaffirms Rev Edition\u2019s leadership in the retail sporting goods business and endeavor in promoting the sporting lifestyle among Thais. The company will continue to work with Kubix to deliver value that aligns with the needs of target customers and investors. <\/p>\n\n\n\n

Additionally, Rev Edition has partnered with Kubix to introduce special privileges via the Kubix app, offered as New Year\u2019s gifts for health enthusiasts. Those who open a Kubix account and create a digital wallet via Kubix app during December 14, 2023 – January 14, 2024, will get a total discount of 600 Baht when shopping at Rev Edition\u2019s shops. Plus, customers can also join an upcoming online activity on the Facebook page @Kubix.DigitalAsset to win a pair of limited-edition HOKA Nicole McLaughlin Mafate THREE2 shoes, with only 34 pairs available in Thailand. More details can be found at www.kubix.co<\/a>.\u201d<\/p>\n\n\n\n

LINE NEXT raises USD140 million to expand Web3 ecosystem<\/a><\/p>\n\n\n\n

Unveiling 2024 B2B e-commerce trends in a dynamic world<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kubix has provided support to Rev Edition, which imports premium running shoes from leading global brands, to spread new year<\/p>\n","protected":false},"author":8,"featured_media":119139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[122,118,117,13940],"tags":[23360,23361,5216,23359],"class_list":["post-119138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-en","category-the-story-special","category-business-en","category-finance","tag-kubix-application","tag-initial-coin-offering","tag-kubix-2","tag-rev-edition"],"yoast_head":"\nKubix partners with Rev Edition offering new year presents to fitness enthusiasts via Kubix application<\/title>\n<meta name=\"description\" content=\"Kubix has provided support to Rev Edition, which imports premium running shoes from leading global brands, to spread new year joy in the form of exclusive benefits 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