Kubix touts the success of its sold-out 'DESTINY TOKEN' worth more than 7.5 million USD ahead of schedule

Friday 17 June 2022 16:45
Kubix has sold out of its 'DESTINY TOKEN' - Thailand's first project-based digital token, with a total of 16,087 tokens subscribed at a value of more than 265 million Baht (7.5 million USD). The closing of sales came ahead of schedule, marking an outstanding initial success of digital tokens in the sphere where investment and Thai's lifestyles converge. Kubix will continue to team with its partners to unveil new digital tokens within this year to offer additional investment options to Thais.
Kubix touts the success of its sold-out 'DESTINY TOKEN' worth more than 7.5 million USD ahead of schedule

Ms. Apinya Ruangthaveekoon, Managing Director of Kubix Digital Asset Co., Ltd., a company under KASIKORNBANK FINANCIAL CONGLOMERATE, said that the offering of 'DESTINY TOKEN' - digital tokens for investment in the production of 'Love Destiny the Movie' via Kubix application, in a collaborative effort with GDH 559 Co., Ltd. (GDH) and Broadcast Thai Television Co., Ltd. (BTV), has received overwhelming response from investors. As a result, Kubix was able to close its sales ahead of schedule, with the total number of 16,087 tokens subscribed, valued at more than 265 million Baht. The allocation results will be announced on June 23, 2022, and they will gradually be delivered to all investors. Subscribers can view the allocation results on the Kubix application.

The success in the sale of Thailand's first-of-its-kind digital token in the project-based token format represents an important milestone for Kubix and the Thai digital token industry. This is a new investment format that offers returns beyond cash by blending lifestyles and preferences of investors in the design of returns so that they can get cash from their investment while also enjoying an exclusive experience. In the issuer's view, Kubix can help companies interested in mobilizing funds to have more options and meet a more diverse range of business needs than ever before. Also, Kubix is confident that the digital tokens can provide accessible investments which meet the financial and lifestyle needs of investors under the concept of "Invest, Earn, Experience". 'DESTINY TOKEN' is the first digital token launched by Kubix in cooperation with GDH and BTV to offer joy and unique investment experiences to all investors. In addition to the 'DESTINY TOKEN', this year Kubix aims to collaborate with other business partners in various industries to offer more unique investment opportunities serving the financial goals and lifestyles of all Thais nationwide. More information about the next digital token from Kubix will be available at the Kubix Facebook page or www.kubix.co.

Source: Kasikorn Bank

Kubix touts the success of its sold-out 'DESTINY TOKEN' worth more than 7.5 million USD ahead of schedule