#token-x

➤ Token X, led by Wanrob Boontham, is shifting focus from speculative crypto to real-world asset tokenisation, emphasizing governance, investor adoption, and efficiency for institutional use cases. ➤ The company aims to expand tokenisation use cases in Thailand and the APAC region, leveraging the SCBX ecosystem to improve liquidity and aftermarket activity. ➤ The long-term vision is for tokenisation to become integral to capital market infrastructure, offering operational savings and atomic settlement benefits.

➤ Thailand has launched its first digital token, Blu Green Token (BLU), backed by carbon credits from mangrove reforestation projects. ➤ The token offers 400 million tokens at THB 1.20 each, aiming to raise up to THB 480 million, with listing expected in Q3 2026. ➤ This initiative represents the application of RWA tokenization to environmental assets, bridging traditional finance with Thailand's digital asset ecosystem.

➤ Sidec has launched Token-X, an accelerator program to boost Malaysia's digital asset, Web3, and blockchain innovation ecosystem. ➤ The program focuses on five key verticals: RWA tokenization, commodities/carbon credits, digital securities, blockchain infrastructure/regtech, and digital IP/NFTs. ➤ Token-X aims to support startups in developing scalable, compliant, and commercially viable solutions, positioning Malaysia at the forefront of digital transformation.