{"id":46839,"date":"2021-11-15T17:07:21","date_gmt":"2021-11-15T10:07:21","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=46839"},"modified":"2021-11-15T17:07:53","modified_gmt":"2021-11-15T10:07:53","slug":"token-x-gets-ico-portal-license-from-the-sec-to-move-forward-with-digital-token-solutions","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/token-x-gets-ico-portal-license-from-the-sec-to-move-forward-with-digital-token-solutions\/","title":{"rendered":"Token X gets ICO portal license from the SEC to move forward with digital token solutions"},"content":{"rendered":"\n<p>Token X, a subsidiary of SCB 10X Co., Ltd., which in turn is a holding company under the SCB<sup>X<\/sup>\u00a0Group. The Securities and Exchange Commission (SEC) granted the company\u00a0the license to\u00a0provide initial coin offering\u00a0service. In the company\u2019s pipeline is\u00a0to\u00a0cooperate\u00a0with Thailand\u2019s leading corporate clients across industries to generate new growth through tokenization. The ICO portal is part of the key mechanism driving SCB<sup>X<\/sup>\u00a0mothership strategy in prepping for the future finance world.\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.thestorythailand.com\/en\/06\/11\/2021\/46279\/\" target=\"_blank\">The PARQ receives LEED v4 BD+C: Core and Shell certification<\/a><\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.thestorythailand.com\/en\/10\/11\/2021\/46793\/\" target=\"_blank\">KBank and H SEM Motor debut H SEM Power Station and EV bike rental service on K+ market<\/a><\/li><\/ul>\n\n\n\n<p>\u200b<strong>Token X&#8217;s Chief Executive Officer, Jittinun\u00a0Chatsiharach\u00a0<\/strong>said, \u201cFollowing\u00a0the SCB<sup>X\u00a0<\/sup>vision on preparing for the future finance world,\u00a0<strong>Token X\u00a0<\/strong>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\u00a0SCB<sup>X<\/sup>\u00a0mission 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\u2019s 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.\u201d<\/p>\n\n\n\n<p>\u200bAccording to SEC regulations, an ICO portal is a&nbsp;platform which&nbsp;facilitates&nbsp;the offering of newly issued digital tokens. The ICO portal&#8217;s duties include performing due diligence of digital tokens,&nbsp;issuer qualifications, and ensuring the completeness and accuracy of information contained in the&nbsp;filing,&nbsp;the&nbsp;whitepaper&nbsp;or any other information to be disclosed through the portal. To learn more about digital tokens, please visit&nbsp;<a href=\"http:\/\/www.tokenx.finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.tokenx.finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission (SEC) granted the company the license to provide initial coin offering service. <\/p>\n","protected":false},"author":8,"featured_media":47269,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[117,118],"tags":[10591,10592,10593,9078],"class_list":["post-46839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","category-the-story-special","tag-sec","tag-digital-token","tag-sbcx","tag-token-x-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Token X gets ICO portal license from the SEC to move forward 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