Thailand's SEC Unveils Tokenized Trading Platform: A Game Changer for Digital Securities

The Securities and Exchange Commission (SEC) of Thailand is set to revolutionize the digital asset landscape with the launch of a blockchain-based trading platform for digital securities and tokens. This innovative move aims to modernize capital markets and enhance efficiency in securities trading by leveraging distributed ledger technology (DLT).

The new platform, which is expected to support both primary and secondary markets, will cover settlement, investor registration, payments, and trading processes with multi-chain interoperability. This comprehensive approach seeks to address current inefficiencies in Thailand's bond and securities markets, where traditional trading processes can take between 7 to 14 days before securities become tradable in the secondary market.



Key features and benefits of the new trading system include:

1. End-to-End Digitalization: The system will handle all aspects of securities trading, including settlement, trading execution, investor registration, and return payments. This end-to-end digital approach aims to create a more efficient and accurate trading environment.
2. Fractional Ownership: The platform will support fractional ownership, making securities more accessible to a broader range of investors. This feature allows investors to purchase smaller portions of a security, reducing the capital requirement for entry.
3. Real-Time Trading and Settlement: The system is designed to enable real-time trading and reduce settlement problems that plague traditional markets. This feature will enhance liquidity and improve the overall trading experience.
4. Interoperability: The new trading system will support multiple blockchain chains with interoperability standards, ensuring seamless and secure transactions across different chains. This feature will facilitate the trading of both new electronic securities and tokenized traditional securities.
5. Two Types of Securities: The platform will support two distinct types of securities. The first category includes digital-native products that are created and traded exclusively through DLT. The second encompasses traditional securities that will be converted into digital form as "twin products" for trading on the DLT system. This dual approach caters to both institutional and retail investors.

The SEC's platform will also facilitate market analysis and investment decisions through an Open API data platform. This platform will provide information about all listed companies, aiming to improve market transparency and help investors make more informed choices. By offering comprehensive data on listed companies, the Open API data platform will enable investors to better understand the performance and prospects of these companies, ultimately aiding in their decision-making process.

In conclusion, the Thai SEC's tokenized trading platform is poised to transform the digital asset landscape in Thailand. By embracing DLT and digitalization, the platform aims to enhance market efficiency, accessibility, and transparency. As the platform rolls out, investors and businesses alike can expect a more streamlined, secure, and user-friendly trading environment that caters to the evolving needs of the digital asset market.