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REALX, an investment token backed by Origin Property group’s three luxury condominium projects located at the heart of Bangkok, is on course to be the first digital asset to trade on Thai Digital Assets Exchange (TDX) on September 25.
Thai Digital Assets Exchange Co., Ltd. (TDX) Chairman Manpong Senanarong said that REALX investment token issued by Real Estate Exponential Co., Ltd. will be listed under ticker symbol “REALX”.
REALX sets the objective to invest in the revenue sale and transfer agreement (RSTA) in order to generate revenue stream from the assets of the projects owned by Real Estate Integration Co., Ltd., which will acquire the ownership rights of the three condominium projects, consisting of 93 units of Park Origin Phrom Phong, 84 units of Park Origin Phayathai, and 67 units of Park Origin Thonglor.
REALX sold 13.19 million digital tokens with an investment value of THB 2.4 billion (approx. USD. 66.98 million) through initial coin offering (ICO) to the general public during July 1 – Aug 31, 2023, at a price of THB 182 per token. The company plans to trade around 5.49 million tokens on all digital asset exchanges as stated in its white paper. Token X Co., Ltd. is the ICO portal provider and SCB Asset Management Co., Ltd. is the trustee.
Real Estate Exponential Co., Ltd. Chief Executive Officer Veerapong Chutipat said that REALX, Thailand’s first…
TDX to debut its first investment token “REALX” on September 25 – SET News
