This article will take you to explore the token that is revolutionizing real estate investment in Thailand, ‘RealX,’ which allows anyone to invest in prime locations in Bangkok’s golden area without needing millions of dollars.
What is RealX?
RealX, short for RealX Investment Token, is a token developed by Real Estate Xponential Co., Ltd. in collaboration with Token X Co., Ltd. It is designed to be a token backed by real estate assets such as condominiums under Origin Property Public Company Limited. Each 1 square inch of condominium is equivalent to 1 RealX token.
This means that new-generation investors interested in real estate investment can start investing through this token without needing millions baht. They can start with just a few hundred baht. The issuing company carefully selects potential condominiums located in the heart of the city to ensure the value is tied to this token.
Moreover, the RealX token is built on the TKX Chain blockchain network, emphasizing security. It utilizes smart contracts to manage token transactions and is also considered and regulated by the SEC office.
The developers of RealX
RealX is the result of collaboration between three companies. Firstly, Real Estate Xponential Co., Ltd., led by Dr. Virapong Chatipat, the CEO and visionary behind the development of the token for real estate investment. Secondly, Token X Co., Ltd., a full-service digital token business provider led by Ms. Jitnin Chatrisirichai, the CEO. And finally, Origin Property Public Company Limited, a prominent real estate developer and the owner of the luxury condominium projects involved in RealX.
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