Token X Co., Ltd. (Token X), a subsidiary of the SCB X Group, continues to lay the foundation for a robust digital asset and token ecosystem. Recently, Token X hosted the second edition of its grand seminar event, "Tokenization Summit 2024," gathering experts from various leading industries in Thailand to share their exclusive knowledge and experiences. The event covered a wide range of topics, including an overview of the latest digital asset market trends and insights into the successful tokenization of real-world assets (RWA). The summit also provided an analysis of the overall opportunities in the industry to enhance understanding among entrepreneurs, investors, and those interested in the digital asset industry, as well as the Thai business sector, enabling them to apply the information in practical ways. Through this event, Token X aims to contribute to the establishment of a strong digital economy ecosystem in Thailand while increasing opportunities and enhancing the potential for new business sector growth models in the current evolving context.
Dr. Arak Sutivong, Deputy Chief Executive Officer of SCB X Public Company Limited (SCBX) and Chairman of the Board, Token X Co., Ltd. (Token X), stated, "The SCBX Group is fully prepared to embrace the coming changes in the future of finance, especially in the areas of digital assets and tokenization, which are playing an increasingly important role in global financial and investment systems. Moreover, a strong digital ecosystem consists of crucial components such as advanced technological infrastructure, diverse digital platforms and services, regulations and policies that foster business operations, and personnel with digital skills and expertise. These components will work together systematically to support the rapid and efficient growth and development of new businesses and industries."
"The collaboration between SCBX's businesses and Token X is the answer to combining technological strengths and expertise in the digital asset business, enabling the advancement of new fundraising models enabling businesses to reach new heights. This will be achieved by leveraging blockchain technology through a process called "Tokenization," which involves converting real-world assets into digital form. These assets can be divided into smaller investment units called "tokens." This method opens up opportunities for investors to access and own high-value assets, such as real estate, without the need for substantial capital investment. Currently, the digital asset market and digital tokenization are trending toward continuous growth, driven by the development of blockchain technology and the expansion of the ecosystem," Dr. Arak added.
Jittinun Chatsiharach, Chief Executive Officer of Token X Co., Ltd. (Token X), stated, "Token X is committed to being a leader in raising awareness, disseminating knowledge, and pushing for the full utilization of blockchain technology and digital assets. As a 'Tokenization Success Partner,' we are ready to stand alongside leading organizations in Thailand and abroad in laying a solid foundation for the exponential and sustainable growth of this industry. Whether you are an entrepreneur looking to reach the pinnacle of success or an investor seeking golden opportunities in the digital era, Token X is ready to be your partner. With our diverse solutions and comprehensive expertise, we are ready to open the door to unlimited business opportunities for all sectors."
"In today's world, where technology is transforming every sector, tokenization, i.e., the process of converting assets into digital form, is becoming the hottest trend in finance and investment circles. With its immense potential to revolutionize fundraising methods, increase liquidity, and open up opportunities for investors to access a diverse range of assets, tokenization is becoming crucial in driving the future digital economy and transforming the financial and investment landscape. The Tokenization Summit 2024: Unveiling the Next Big Thing is another proud achievement for Token X. This time, we are honored to have leading speakers from Thailand and overseas join us. The main objectives of the event are to delve into the latest overview of the digital asset market, explore how to successfully implement digital tokenization, discuss trends in applying ESG concepts, and increase opportunities for entrepreneurs, investors, those interested in the digital asset industry, and the Thai business sector to apply the information in practical ways," Jittinun added.
Highlights from the "Tokenization Summit 2024" by Token X
- Session 1: The 2024 outlook
- Trends in the digital asset landscape, market trends, investment insights, and the dynamics of the crypto market, along with an analysis of the opportunities and challenges of the bull market.
- Session 2: Tokenized Securities and Tokenized Deposits: The Real Trend for Financial Institutions?
- Delve into the reasons why financial institutions around the world are keeping an eye on these trends and join us in exploring the potential for creating future business opportunities.
- Session 3: Unlocking Bangkok: Tokenization for Urban Development
- Transform the infrastructure of real-world assets (Real-World Asset Tokenization: RWA) by using digital tokens to develop large metropolises like Bangkok, as a way to unlock the potential of communities in Bangkok, investors, and all stakeholders, readying them for cutting-edge financial changes.
- Session 4: Regenerative Finance: Building a Sustainable Future
- Are you ready to become a part of the future of finance? Get ready for a significant financial revolution that will write a new chapter in history and is about to change forever! Regenerative Finance (ReFi) is the key that will unlock the door to balance and sustainability in this world, with the power of cutting-edge financial innovations that will unleash immense potential.
- Session 5: Thailand's Holistic Soft Power: Utilizing Blockchain to Weave Wellness and Music into Tourism
- Join us in decoding the secret to transforming the creative power of Thai Soft Power to go even further than before and become tangible with cutting-edge blockchain innovations that will help Thai creators unleash their boundless talents through the perspectives of creators, builders, and possibility unlockers.
Source: Token X