Recent

Recent

Recent

Recent

Recent

Recent

Token X partners with SBIDM to expand Asia Pacific access for Blu Green Token

SBI Digital Markets has joined with the Thai partnership to enhance cross-border capital mobility of the Blu Green Token.

Token X Co. Thailand’s SEC regulated ICO Portal, together with Siam TC Technology Co.(Siam TC), a wholly-owned subsidiary of DITTO (Thailand), has expanded the post-ICO market access of Blu Green Token.

SBI Digital Markets Pte. (SBIDM), regulated by the Monetary Authority of Singapore, has joined with the Thai partnership, enhancing cross-border capital mobility of the Blu Green Token.  

Blu Green Token is Thailand’s first green investment token offering under the Thai SEC regulatory framework. Green tokenization is the process of converting verified environmental assets or projects, such as mangrove reforestation projects for carbon credits, into digital tokens on a blockchain.

Traditional carbon credit transactions are conducted over-the-counter and the quality of green project investment is inaccessible to retail investors. Green tokenization intends to remove those barriers. By placing the same credits on a regulated blockchain and issuing investment tokens against them, investors, from retail participant to an institution, can hold, trade, and receive returns from the same underlying asset through digital tokens on Thailand’s regulated digital asset exchange, with continuous market access available 24/7 since its listing.

Blu Green Token’s reference project covers 17,531.04 rai of mangrove forest fully registered with Thailand Greenhouse Gas Management Organization (TGO) under both Standard T-VER and Premium T-VER standards prior to this offering.

Each Blu Green Token represents the right to returns from the sale of one kilogram of co2eq verified carbon credit, with 400,000 tCO2eq in total allocated to token holders across the project lifecycle. To support investor protection, DITTO provides financial support if carbon credit sale proceeds are insufficient, equivalent to the initial investment plus a 3% p.a. compounded return.

Takorn Rattanakamolporn, chief executive officer of Siam TC and DITTO, said “Siam TC has spent over three years building a mangrove restoration project of the highest integrity, registered under both Standard and Premium T-VER with TGO, covering over 17,531 rai across Thailand’s coastal areas.”

“Tokenizing these projects through Token X is the logical next step: it brings transparency, global reach, and liquidity to an asset that has historically been confined to private markets. DITTO stands behind this project with a financial support, because we believe in both the environmental mission and the long-term commercial case for Blue Carbon.”

Blu Green Token is a financial product backed by carbon credits, designed for full mobility and tradability within Thailand’s regulated digital asset ecosystem, with continued potential to connect with investors in international markets.

Following the primary offering on Token X’s platform and local secondary trading on Bitkub Exchange, Thailand’s regulated digital asset exchange, Blu Green Token has been structured from the outset to extend beyond domestic market access. Its market infrastructure is designed to support post-ICO development, cross-border connectivity, and broader capital participation across Asia-Pacific, according to a statement by Token X.

You may also like…