Tokenization of Real-World Assets in Thailand
Structuring regulated token issuances for real estate, infrastructure, and other real-world assets
AssetBridge supports real-world asset tokenization projects that combine regulated finance with blockchain technology. We help issuers and project teams navigate regulatory requirements and bring compliant investment tokens to market.
- Regulatory framing and early structuring to assess viable tokenization approaches
- Token issuance support, including coordination with licensed platforms and service providers
- Operational and administrative setup for ongoing token management and reporting/disclosure requirements
What is RWA Tokenization?
Real-world asset tokenization involves issuing digital tokens that represent defined rights in underlying assets, such as real estate or infrastructure. In regulated settings, these tokens are structured to meet applicable law while using blockchain systems for issuance and transfer.
The Market in Thailand
Thailand has established a clear regulatory framework for digital assets, including investment tokens. Token issuances may be conducted through SEC-licensed ICO portals, which apply defined requirements around disclosures, investor protection, and ongoing compliance. This framework has enabled a number of sizable, regulated token offerings to be launched in the Thai market.
Benefits of Tokenization
Benefits to Issuers
- Access to a broader investor base beyond traditional bank financing
- Fundraising structures aligned with underlying project cashflows
- Transparent and automated handling of investor rights and distributions
Benefits to Investors
- Ability to participate with lower investment amounts
- Exposure to asset classes and projects not typically available to retail investors
- Defined rights and potential secondary liquidity through regulated digital markets
Project Types & Examples
Real Estate
Tokens may represent defined economic rights linked to income-producing real estate assets, such as office buildings or residential developments.
Examples:
- SiriHub 1 — Tokens issued based on four-year cashflows from an office building. Closed 4 October 2021 for THB 2.4 billion (~USD 71 million on closing date).
- SiriHub 2 — Subsequent token issuance based on updated cashflows from the same office building. Closed 1 December 2025 for THB 2.49 billion (~USD 77.8 million on closing date).
- RealX — Tokens issued based on cashflows from multiple modern condominium projects in Bangkok. Closed 31 August 2023 for THB 2.4 billion (~USD 68.5 million on closing date).
- Summer Point — Tokens issued based on cashflows from an office building in Bangkok. Closed 14 March 2025 for THB 450 million (~USD 13.4 million on closing date).
Content Media Production
Project-based tokens linked to revenue participation or defined return structures tied to creative works.
Example:
- Love Destiny: The Movie — Tokens issued back by film proceeds, featuring a fixed base return with a performance-based upside component. Token classes included different non-financial benefits. Closed 6 June 2022 for THB 265 million (~USD 8.4 million on closing date).
Carbon Credits and Environmental Projects
Tokens linked to proceeds generated from verified environmental or sustainability projects.
Example:
- Blu Green Token (announced 2024) — Project-based tokens linked to carbon credit proceeds from mangrove forest restoration initiatives. Planned issuance of up to THB 480 million (~USD 13.8 million on announcement date).
Contact Us for Your Project
Reach out to AssetBridge for:
- Regulatory framing and early-stage structuring
- Token issuance setup and licensed platform coordination
- Technical and operational preparation for compliant token launches
- Investor-facing structuring and token economics design
Initial discussions are exploratory and confidential. We typically respond within one business day.