The Securities and Exchange Commission (SEC) of Thailand is set to launch a trading platform based on distributed ledger technology (DLT) to facilitate digital token trading among securities firms. This initiative aims to enhance market efficiency and attract a broader range of investors. According to Jomkwan Kongsakul, the SEC's deputy secretary-general, the growing interest in token investments has prompted the regulatory body to create a system that allows securities companies to capitalize on their extensive investor bases.

The SEC has already approved four digital token projects and is reviewing additional initiatives focused on green tokens and investment-based projects. This move is part of a broader strategy to modernize Thailand's capital markets by promoting an electronic securities ecosystem. The new platform will enable both primary and secondary market trading, improving accessibility and reducing delays associated with traditional bond transactions.

Moreover, the SEC plans to standardize data connectivity across various platforms, allowing firms with their own DLT infrastructure to operate independently while maintaining interoperability. This transition will also support fractional trading, enhancing liquidity and making investments more affordable for a wider audience. Overall, the SEC's efforts signify a significant step towards integrating digital assets into Thailand's financial landscape.