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Real Estate Investment in Thailand: Real Estate Token X by Bitkub, Real Estate Exponential and Token X

Real Estate Investment in Thailand: Real Estate Token X by Bitkub, Real Estate Exponential and Token X

Real Estate Investment in Thailand: Real Estate Token X by Bitkub, Real Estate Exponential and Token X
Real Estate Investment in Thailand: Real Estate Token X by Bitkub, Real Estate Exponential and Token X

Dive into a new era of affordable real estate investment with Real X Token, a revolutionary collaboration between Bitkub, Real Estate Exponential and Token X that enables investors in Thailand to participate in shared ownership in prestigious properties. Bitkub Group has made a landmark move in the real estate industry by signing four memoranda of cooperation with partners on June 25, 2023. The signing ceremony took place at Bitkub M Social, on the 9th floor of EmQuartier.

The first memorandum

The first memorandum was signed between Bitkub Capital Group Holdings Co., Ltd. represented by Mr. Sukrit Puttaviriya, Director, and Real Estate Exponential Co., Ltd. This collaboration aims to educate investors about tokens and digital assets, and to seek future business opportunities outside the digital asset sector.

The second memorandum

The second memorandum concerns the cooperation between Bitkub Capital Group Holdings Co. and Token X Co., Ltd. with a focus on potential future cooperation.

The third memorandum

The third memorandum was signed between Bitkub Online Co., Ltd. represented by Mr. Attakrit Shimpalapibul, CEO, and Real Estate Exponential Co., Ltd. He is exploring various business opportunities, including the potential listing of the Real X token on the Bitkub digital exchange. In addition, it aims to introduce the Real X token to customers in the primary market with the ability to trade on Bitkub's secondary market.

The last memorandum concluded between

The last memorandum entered into between Bitkub Online Co., Ltd. and Token X Co., Ltd. looking at business opportunities related to investment tokens and other related businesses.

The event also included a panel discussion on "Democratizing Ownership and Education Opportunities in Real Estate-Backed Digital Assets." The session focused on collaboration visions and strategies to revolutionize Thai real estate and digital assets. Special attention was paid to the implementation of a decentralized financial system in the project. Mr. Pirapong Jarun-ek, CEO of Origin Property Public Company Limited, expressed his delight at the signing ceremony. He emphasized the potential of real estate-backed assets, especially for luxury apartments, which were previously only available to a small percentage of the population. Thanks to tokenization and decentralized financial system, ordinary people can now invest and own large assets at affordable prices. The decentralized financial system overcame the traditional limitations of real estate by offering 24/7 trading with no transfer fees. The liquidity of buying and selling assets has improved significantly.

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With the growing interest in digital assets among Bitkub customers, investors have a great opportunity to explore the possibilities of Real X and Token X. Mr. Weerapong Chutipat, CEO of Real Estate Exponential Co., Ltd. expressed the significance of this collaboration by stating, "This partnership between Bitkub, Real X and Token X will bridge the gap between the old and new worlds, contributing to the exponential growth of Thailand's economy and generating a lot of revenue for the Thai people. We have worked hard on this project in an effort to create a new milestone for Thailand." Mr. Jittinan Chartsiharat, CEO of Token X Co., Ltd. highlighted the intention behind this collaboration, stating, "Token X is excited to partner with Real X and Bitkub to create a new dimension for the real estate industry. Our apartment-backed token, blockchain-powered and tokenized token seeks to provide a new investment experience available to investors of all levels." Mr. Jirayuth Supsrisripa, Founder and CEO of Bitkub Capital Group Holdings Co., Ltd. expressed his gratitude to the partners and emphasized Thailand's readiness for such innovative ventures. He said, "Thailand, as the first country to license a digital asset exchange, is in a great position to revolutionize the real estate industry. We aim to prepare Thai real estate for the future by using investment tokens to make this advantage available to a wide range of financial institutions and capitalize on opportunities for the Thai people." Mr. Attakrit Shimpalapibul, CEO of Bitkub Online Co., Ltd. highlighted the benefits of shared ownership in real estate investment, making it more affordable and accessible to a wide range of investors. He emphasized that this cooperation will usher in a new era for the digital asset and real estate industry in Thailand.

Real X token secured by Origin Property Public Company Limited represents shared ownership of real estate or apartments. Each square inch is equivalent to 1 Real X token, allowing investors to participate in real estate investments without the need for large sums of money. Real X was developed by Real Estate Exponential Co., Ltd. and Token X Co., Ltd.

Disclaimer: Cryptocurrencies and digital tokens carry high risks and it is possible to lose the entire investment amount. Investors should carefully assess their risk tolerance and make informed investment decisions. Past experience with digital assets is not an indicator of future earnings. This information is not an offer to invest in digital assets.

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