Thai SEC to Launch DLT-Based Trading Platform for Digital Tokens

The Securities and Exchange Commission of Thailand is set to launch a trading platform for digital tokens, based on distributed ledger technology. The move is aimed at allowing securities firms to capitalise on the growing popularity of token investments, and to enhance efficiency in the capital market. The platform will feature full digitalisation of bond trading, and will cover settlement, trading, investor registration, payment processes and multiple chain support with interoperability standards. Two types of securities will be issued: tokenised traditional securities and electronic securities.