Financial Innovation to Drive Tokenisation, Says Bitkub CEO
Jirayut Srupsrisopa highlights tokenisation potential and challenges at World Economic Forum 2025
Jirayut Srupsrisopa, founder and CEO of Bitkub Capital Group Holdings, discussed the transformative potential of financial innovation in converting traditional assets into digital tokens during a session titled 'Assets: From Concrete to Ether' at the World Economic Forum 2025 in Switzerland.
Jirayut emphasized that Thailand is well-positioned to lead in the digital asset space, citing strong governmental and regulatory support from the Securities and Exchange Commission in fostering innovation and developing frameworks.
He identified real estate-backed tokens as a key opportunity, enabling individuals to invest in property through fractional ownership.
This approach allows high-value properties, typically priced in millions of baht, to be divided into affordable units starting as low as ten baht per token.
Bitkub is actively collaborating with Thai partners on a range of digital asset initiatives, with plans to extend tokenisation to other areas, including carbon credits and electricity bills.
Jirayut projected significant growth in tokenised assets over the next two to three years, with applications expanding beyond real estate.
While optimistic about the potential of tokenisation, Jirayut also highlighted challenges, including the need to establish global standards and regulations to ensure mutual benefits, address cybersecurity risks, and improve accessibility to digital assets.
He underscored the importance of coordinated efforts to overcome these hurdles as the adoption of digital tokens gains momentum.