Is tokenization legal in Thailand?

Yes. Investment tokens are supervised under Thailand’s digital-asset regime, with SEC-approved portals, trustees, and licensed exchanges.

Projects often go live in 8–12 weeks with aligned partners and prepared documentation.

Can retail investors participate?

Yes—retail access is available for real-estate-backed and infrastructure-backed tokens (cap removed in 2024), with standard investor protection requirements.

Do you provide legal services?

No. We provide the platform and connect you with licensed Thai professionals.

What assets are suitable?

Completed properties with clear cashflows work best; structures rely on trustee/SPV ownership rather than land-register entries.

Real Estate Tokenization
in Thailand

Thailand is moving tokenized real estate from pilot to practice. SEC-supervised portals, trustee safeguards, and active exchanges (TDX, Bitkub, InnovestX, KuCoin TH) make it possible to launch investor-ready property tokens with clear protections

End-to-end issuance & investor management platform
Licensed Thai ecosystem (ICO portals, trustees, exchanges)
Retail investor access enabled for real-estate-backed tokens
Secondary trading on SEC-licensed platforms

Fill out the questionnaire and unlock a Free Demo Call

End-to-end issuance & investor management platform
Licensed Thai ecosystem (ICO portals, trustees, exchanges)
Retail investor access enabled for real-estate-backed tokens
Secondary trading on SEC-licensed platforms

About

Why Thailand is Attractive for Tokenization

Retail unlocked (2024)

SEC removed the THB 300,000 per-person cap for real-estate-backed/infrastructure tokens, broadening primary demand

Operational venues

Licensed Thai exchanges support investment tokens and ongoing secondary trading (TDX, Bitkub, InnovestX, KuCoin TH)

Trustee protections

Real-estate tokens use an SEC-mandated trustee/SPV model to safeguard title/control

Live programs

SiriHub, RealX, and Summer Point (2025) show the route works in practice

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Tokenization Routes

Possible Routes for Tokenizing Property
in Thailand

Onshore real-estate-backed investment (security) token (trustee model)

SPV + revenue-rights token (cashflow focus)

Offshore issuance + Thai asset SPV

Onshore real-estate-backed investment (security) token (trustee model)
Best for: Income-sharing or participation rights in completed Thai property.
Why it works: SEC-supervised portals, trustee control of title/SPV, retail access available, and multiple licensed exchanges for trading.
Note: Suitable for developers and owners of stabilized assets seeking broader investor bases.
SPV + revenue-rights token (cashflow focus)
Best for: Tokenizing cashflows (e.g., lease/rental/sales proceeds) across a portfolio.
Why it works: Familiar structure to Thai market, pairs with trustee oversight and portal processes.
Note: Useful when you prefer revenue streams over direct title exposure.
Offshore issuance + Thai asset SPV
Best for: Global fundraising while referencing Thai assets. How:
Hold asset in Thai SPV/trust
Issue tokens via offshore company; marketing into Thailand would require compliance with local SEC
Geo-block Thai investors unless fully compliant.

Real cases

Implemented Market Examples

SiriHub (SPV77)
Thailand’s first SEC-approved real estate token, launched in 2021 and backed by Siri Campus offices. Issued via XSpring Digital with a trustee/SPV safeguard, it offered two tranches (A with lower yield, B with higher). Tokens are actively traded on ERX/KuCoin Thailand, and investors continue to receive quarterly revenue distributions in 2025.
RealX
A condo-backed investment token tied to Park Origin residential projects in Bangkok. Issued through Token X as ICO portal, RealX gives token holders rights to revenue from luxury condo units. Secondary trading is ongoing on TDX, Bitkub, and InnovestX, making it Thailand’s first multi-exchange real estate token.
Summer Point (SUMX)
A Grade-A office building token located at BTS Phra Khanong. The offering received SEC effectiveness in February 2025, with primary subscriptions handled via Token X. Up to 900M tokens (THB 0.50 each) were issued, and secondary trading is available on Bitkub, with distribution supported by InnovestX channels.

Solution

The Solution with Tokenizer.Estate

Funding in Weeks, Not Months

Launch token offerings in 1–2 weeks instead of waiting 6–12 months with banks

Global Investor Pool

Reach thousands of international investors with fractional entry points starting at $100

Dynamic Pricing & Incentives

Stage token prices across development phases to maximize returns and reward early backers

Compliance Built-In

Legal frameworks aligned with EU (MiFID II), UAE (VARA), and other jurisdictions

Full Control

Manage token supply, smart contracts, and investor data from a single dashboard

Use cases

Solutions Designed for Your Success

We support everyone from Real estate owner to Sovereign Funds

FAQ

Frequently asked questions

Is tokenization legal in Thailand?
Is tokenization legal in Thailand?
Yes. Investment tokens are supervised under Thailand’s digital-asset regime, with SEC-approved portals, trustees, and licensed exchanges.
Can retail investors participate?
Can retail investors participate?
Yes—retail access is available for real-estate-backed and infrastructure-backed tokens (cap removed in 2024), with standard investor protection requirements.
What assets are suitable?
What assets are suitable?
Completed properties with clear cashflows work best; structures rely on trustee/SPV ownership rather than land-register entries.

How long to launch?
How long to launch?
Projects often go live in 8–12 weeks with aligned partners and prepared documentation.
Do you provide legal services?
Do you provide legal services?
No. We provide the platform and connect you with licensed Thai professionals.

See our full FAQ page for more details

Adopted for

Global Jurisdictional Coverage

Every market has its own rules. We’ve already built the structures to make tokenization work — from Europe to Asia to the Middle East. Launch with confidence, wherever your investors are

Last updated: 2025-10-01

The information on this page is for general informational purposes only and does not constitute legal, financial, investment, or tax advice.
Tokenizer.Estate provides a platform for real estate tokenization and connects you with licensed local partners, but we do not provide legal or regulatory guidance.
Please consult qualified professionals in your jurisdiction before making any investment or tokenization decisions.

Sources & References

SEC Thailand (main): https://www.sec.or.th/
SEC Thailand – Digital Asset Regulation: https://www.sec.or.th/EN/Pages/lawandregulation/digitalasset.aspx
SEC Thailand – Retail cap removal (2024): https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=1120
Stock Exchange of Thailand (SET): https://www.set.or.th/en/home
Bangkok Post (ERX → KuCoin TH coverage, 2025): https://www.bangkokpost.com/business
Token X (ICO portal): https://www.tokenx.community/
RealX Token: https://www.realxtoken.io/
XSpring Digital (SiriHub operator): https://www.xspringdigital.com/
SCB / InnovestX: https://www.scb.co.th/en/all-news.html

Real Estate Tokenization
in Thailand

Fill out the questionnaire and unlock a Free Demo Call