In a world where the lines between virtual and tangible assets continue to blur, innovation is the spark that sets new trends ablaze. Topp Jirayut Srupsrisopa, the pioneering Founder and Group CEO of Bitkub Capital Group Holdings Co., Ltd., has been a driving force in the dynamic realm of digital assets and blockchain technology in Thailand. Recently, he embarked on an adventure to the World Economic Forum (WEF) 2025 in picturesque Davos, Switzerland, a hub of intellectual exchange and forward-thinking discussions.
Under the captivating theme “Assets: From Concrete to Ether,” Jirayut found himself among a constellation of global finance leaders ready to explore the ever-evolving landscape of finance. The roster boasted illustrious names like Ola Doudin, Co-founder and CEO of BitOasis; Jeremy Allaire, the visionary Co-founder, Chairman, and CEO of Circle Internet Financial; and Marc Bayle de Jessé, the strategic CEO of CLS Bank International. At the helm of this riveting panel was Xin Guan, the charismatic news anchor and business editor at China Global Television Network (CGTN). The date to mark was 23 January 2025, a day of insights destined to resonate.
During the session, Jirayut brought attention to a seismic shift — how financial innovation is breaking new ground by transforming traditional assets into the digital and tokenized realms. His optimism soared as he spotlighted Thailand’s burgeoning potential to emerge as a beacon of digital asset innovation, buoyed by proactive government policies and the vigilant oversight of the Securities and Exchange Commission, Thailand (SEC).
“Thailand is poised to lead in digital assets, especially in projects like real estate tokenization, it’s a game-changer,” declared Jirayut, eyes gleaming with enthusiasm. Imagine being an investor with only 10 baht to spare, yet gaining a piece of the real estate pie. This is the allure of tokenization — democratizing investment in ways previously unheard of. Bitkub is already aligned with local partners to bring these visionary projects to life.
The buzz didn’t stop there. Jirayut dove into the future, highlighting the promising applications of tokenization in environmental solutions like carbon credit tokens and electricity tokens, aptly dubbed ‘Green Tokens.’ These initiatives are set to shake up the market landscape when they launch this year. Look out, world — Jirayut predicts a surge in tokenized assets, with Thailand, Singapore, and the UAE leading the charge through a digital renaissance over the next couple of years.
It’s not all smooth sailing, though. Jirayut emphasized the critical need for cohesive global regulations and standards to plug potential legal loopholes and ensure the seamless flow of liquidity. He championed the cause for de-jargonizing the complex world of blockchain, turning it from a techy maze into an intuitive playground where everyday users can roam freely and reap benefits.
The year 2025 promises a tapestry of transformation with adoption of real estate tokenization and carbon credit tokens gaining momentum, positioning Thailand as a key contender alongside Singapore and the UAE. For Jirayut, this appearance marks his fourth illustrious run at the WEF, and his contributions radiated across pivotal panels, including:
- Innovative Trade Financing
- ASEAN Digital Economy Framework Agreement (ASEAN DEFA)
- Assets: From Concrete to Ether
- Centre for the Fourth Industrial Revolution in Thailand
Culminating his efforts in Davos, Bitkub Capital Group forged a powerful collaboration with the Thai government under the leadership of Prime Minister Paetongtarn Shinawatra. In tandem with industry heavyweights like PTT Public Company Limited, Bangkok Bank, and The Siam Cement Public Company Limited (SCG), a splendid showcase of Thailand’s cultural prowess was orchestrated. The Thailand Reception, an event that enraptured attendees with tantalizing cuisine, was a testament to Thailand’s rich cultural heritage. Bitkub infused the occasion with its digital artistry, crafting visuals that fused modernity with the quintessential Thai essence.
The World Economic Forum 2025, held from 20–24 January 2025, was a symphony of minds united under the theme “Collaboration for the Intelligent Age.” It was a gathering where global leaders from public and private sectors converged, igniting discourse on the technological marvels rapidly reshaping our lives and economies. As the curtains closed on this exhilarating chapter, the echoes of ideas and innovations continued to reverberate, promising a future unbounded by imagination.
I find it fascinating how Thailand is emerging as a leader in digital assets. Imagine owning real estate for less than the price of a cup of coffee!
Real estate tokenization sounds impressive, but what about the risks? Isn’t it volatile like cryptocurrency?
You’re right, grower134, there are risks, but diversification might help cushion the blow. Innovation is rarely risk-free!
Sounds good for people with money, but what about those of us struggling to make ends meet? This isn’t really helpful!
Tokenization is quite the buzzword these days, but isn’t it more of a marketing gimmick? I don’t see how’d it be practical in real life.
Joe, it’s more than a gimmick. Imagine owning a share of exotic assets at a fraction of the price. Tokenization opens new doors!
Joe, the applications go beyond just real estate. What about carbon credits aiding our environment? That’s not gimmicky to me!
Good point, TechSavvy22. If it helps the environment, maybe it’s worth the hype after all.
Jirayut’s push for global regulation is crucial. Blockchain and digital assets thrive only in clarity and understanding. Legal inconsistencies hold innovation down.
Totally agree, Larry! Clear regulations equal safer investments. But will governments really cooperate globally?
Am I the only one that’s reminded of the dot-com bubble? This digital rush is suspicious. I smell disaster for the unwary.
Good call, Ali G. Every tech wave claims to be ‘different’. Let’s hope this one doesn’t lead to a crash.
Ali G, skepticism is healthy but the tech evolution is beyond speculation alone. Opportunity and caution are both key here.
I hear ya, TechSavvy22. Let’s see what the future holds – riding the wave with caution!
Exciting times for Thailand! But is the average Joe ready to understand blockchain or tokenized investments?
Cathy, the technology is complex, but efforts to simplify it for public understanding, like Jirayut is doing, could make it accessible. Maybe one step at a time.
Why is no one talking about the cultural showcase? It’s a fusion of technology and tradition. What a spectacle!
Thailand teaming up with industry giants – now that’s a powerhouse move! Collaboration takes innovation further.
Could blockchain tech really democratize economies or is it just another tool for the rich to get richer?
Exactly, Joe! Even with tokenization, aren’t wealth gaps just going to widen? Where’s the real change for us common folks?
Joe, Anna, keep in mind it’s about potential and fair access. If implemented thoughtfully, it could be a start towards economic inclusion.
The idea of ‘Green Tokens’ is intriguing! Mixing sustainability with finance sounds promising for our future.
I hope Bitkub and their partners can withstand scrutiny and avoid the scandals that have bedeviled other crypto companies.
Real estate investments meant for everyone? That could change my life! But it’s all too good to be true, right?
The merging of the digital and physical world is the future and I am here for it! Can’t wait to see how everything evolves.