The government promotes Green Token, pushing the token market to 67 bustling.

XSpring Digital, the token market will come back active next year, accepting the SEC to promote Green Tokenized as one of the Thailand ESG Funds. Expect to see more fundraising through ICOs in the next 3-5 years.

Mr. Thanasak Kritsanaseranee, Acting Chief Executive Officer of Xspring Digital Company Limited (XD) which operates the business of providing a system for offering digital tokens for sale that is ready to give advice on converting assets into digital tokens and operates a digital asset brokerage and trader business, said that in the past 1-2 years

Although fundraising through the offering of digital tokens (Initial Coin Offering or ICO) is still new to the Thai capital market, But there are many who have succeeded by raising funds through the issuance and sale of digital tokens.

This is a spark for companies to begin to see that ICO is another option for raising funds effectively. In the past year 2566, various companies came to consult and were interested in raising funds through Doing many ICOs in various businesses

however XD predicts that in the next 3-5 years, the atmosphere of fundraising through ICO will be more lively than last year. Especially after the Office of the Securities and Exchange Commission (SEC) established “Thailand Mutual Fund for Sustainability” (Thailand ESG Fund : Thai ESG) To support investment in the country and be a form of long-term investment for sustainability.

push to create a trend “Green Tokenized” (Green Tokenized) This is one form of investment that will be in Thai ESG criteria.

Considering that This policy will encourage entrepreneurs to pay more attention to Green Tokenized fundraising. Because it can raise funds from a wide range of investors, including retail investors. Major investors and Thai ESG Fund, as well as supporting the Green Economy and sustainability of the country. Including increasing opportunities to find funding sources for small and medium-sized businesses that currently have many limitations in conducting transactions.

Meanwhile, investors themselves will be more interested in investing. Because there is a clear return from a guaranteed return mechanism. which will have characteristics similar to debt instruments They can also access investments in businesses that support the Green Economy and receive tax deductions from investments through the Thai ESG Fund of no more than 30% of their assessed income. Maximum not more than 1 hundred thousand baht

“Currently, there are 2-3 entrepreneurs who come to consult with XD to do an ICO that are considered to be issuing Green Tokens in the category of clean energy businesses. Business related to the electric car trend and businesses related to reducing carbon emissions These entrepreneurs choose to consult with XD in part because they have limitations in raising funds through financial institutions. This is because these businesses are still relatively new. Therefore, raising funds through ICO is an important option to support green businesses. To add industries that create more sustainability for the world.”