Siam TC–Token X partner with SBIDM to expand cross-border investment access for Blu Green Token across Asia-Pacific

[Bangkok, 28 August 2026] Token X Co., Ltd. (Token X), Thailand's SEC regulated ICO Portal, together with Siam TC Technology Co., Ltd. (Siam TC), a wholly-owned subsidiary of DITTO (Thailand) PCL (SET: DITTO), marks the next step of Blu Green Token — Thailand's first green investment token offering under the Thai SEC regulatory framework — as the project expands post-ICO market access opportunities across the Asia-Pacific region. SBI Digital Markets Pte. Ltd. (SBIDM), regulated by the Monetary Authority of Singapore (MAS), joins with Thai partnerships, enhancing cross-border capital mobility of Blu Green Token with investment access opportunities across the Asia-Pacific region through post-ICO development.

Green Tokenization in Thailand

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. Done correctly under a regulatory framework, it fundamentally changes who can invest in environmental projects.

For Thailand's T-VER market, the implications are significant. Traditional carbon credit transactions are conducted over-the-counter and the quality of green project investment is inaccessible to retail investors. Green tokenization removes those barriers. By placing the same credits on a regulated blockchain and issuing investment tokens against them, every investor, 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. Mangroves are among the most carbon-dense ecosystems on Earth, sequestering carbon at 4 to 10 times the rate of terrestrial forests. This Blue Carbon premium commands growing demand from international buyers, particularly those seeking high-integrity nature-based solutions. 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."

From Green Tokenization in Thailand to APAC Opportunities

One of the persistent limitations of voluntary carbon credits is illiquidity. 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.

Wanrob Boontham, Chief Investment Officer of Token X Co., Ltd. (Token X), said "Blu Green Token represents Thailand’s first Green Tokenization initiative to be fully implemented under the regulatory framework of the Thai SEC. More than simply digitizing an environmental project and its associated carbon credit, the project establishes a new financial infrastructure designed to broaden public access to sustainable investment opportunities while enhancing the efficiency of capital allocation toward projects that generate measurable environmental impact. The offering has been structured to meet institutional-grade standards while remaining accessible to Thai retail investors."

The mobility dimension extends beyond Thailand's borders. SBI Digital Markets Pte. Ltd. (SBIDM), a Singapore-based digital asset firm operating under a Capital Markets Services license from the Monetary Authority of Singapore (MAS), serves as the foreign post-ICO partner for this Blu Green Token. The collaboration with SBIDM is intended to expand opportunities for Blu Green Token beyond the Thai market to help build pathways for Blu Green Token to reach relevant international market participants and explore cross-border opportunities, creating a regulated bridge between Thailand's carbon project pipeline and APAC's established institutional capital base. This is what meaningful capital market improvement looks like in practice.

CK Ong, Acting Chief Executive Officer of SBIDM, said "SBI Digital Markets is delighted to serve as the cross-border bridge for Blu Green Token. Global investors have been actively seeking high-integrity green assets from Southeast Asia, and Thailand's Blue Carbon projects represent exactly that. Our role in this offering is a direct expression of the deepening capital market relationship through global liquidity, and we look forward to supporting a project that delivers both financial returns and verified environmental impact."


Warning: Digital Tokens involve risks; investors should carefully review information and make investments according to their own risk profile.

Contact:

Token X Co., Ltd. | www.tokenx.finance