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Stock Exchange of Thailand to launch a digital assets platform in 2020

  • The Stock Exchange of Thailand (SET) announced that they are going to focus on developing a digital infrastructure platform by 2020.
  • They have initiated a three-year strategic plan for 2019–2021 to set this in motion.

The Stock Exchange of Thailand (SET) announced that they are going to focus on developing a digital infrastructure platform and a “one-stop” digital capital market by 2020. To do so, they have built a three-year strategic plan for 2019–2021. The company said that this move is aimed at improving the investor's experience, and open up "new investment opportunities.”

SET President Pakorn Peetathawatchai said:

"SET strongly believes that the collaboration with all stakeholders in enhancing the existing infrastructures that are a backbone of the current ecosystem and in building the new digital asset ecosystem will be a turning point that will take the Thai capital market to the next level. SET stands ready to build and operate the capital market that is underpinned by trust."
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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