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First property-backed tokens raise B2 2bn

Thailand's first real estate-backed tokens, Siri Hub Investment Digital Tokens (SIRIHUB), have raised 2.2 billion baht through a 90% sale of overall tokens within the first week of the public initial coin offering (ICO).

Token creates phenomenon with Public ICO

Thailand’s digital asset market has been bustling after XSpring Digital, an ICO portal service provider, obtained approval from the SEC and has been successful in attracting high subscriptions to “SiriHub Tokens”, Thailand’s first real estate-backed ICO, that started to be officially offered to the public on 21 September 2021.

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