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XSpring Digital launches digital asset platform

Xspring Capital Plc. (XPG) launches Xspring Digital Company Limited (XD), a platform for trading and investing in digital assets, aiming to be one of the top 3 market leaders in 3 years.

According to the statement, XPG announces to be a leader in the digital asset world contributing by XSpring Digital Co., Ltd., a subsidiary company to launch a platform as a new digital asset investment tool for investors. It is an easy-to-use platform enhanced a secure blockchain technology system.

Varangkana Artkarasatapon, President of XSpring Capital Plc. (XPG) revealed that XD is another key business of XPG that will connect investment opportunities from current financial markets to investments in digital asset markets, which are currently considered as one of the assets that are in the interest of investors of all generations.

Official digital asset platform as a manifestation of the readiness and position of XSpring Group in the pursuit of business goals, XSpring Digital is one of the ecosystems that provides the Group with comprehensive financial services, aiming to be the “Gateway to Greater Wealth” for investors to achieve their goals.

In this regard, XPG aims that XD will lead the field as a one-stop service provider for digital assets, able to capture one-third of the Thai digital asset market within 3 years.

“In order to offer investors new prospects encompassing all types of digital investments, including cryptocurrencies and digital tokens, XPG is still preparing a dynamic development plan through XSpring Digital Co., Ltd., which is readily available through our four digital asset licenses,” said Varangkana.

Tanasak Krishnasreni, Deputy Chief Executive Officer of XSpring Digital, stated that XD is now very well equipped due to its capital strength as a subsidiary of XPG, as well as having an experienced management team and financial market staff. Simultaneously, it has adopted a secure, modern, and efficient blockchain technology system to support the platform’s transaction systems.

XD is currently a digital asset service provider with four Ministry of Finance licenses, including 1. Cryptocurrency Broker. 2. Broker of Digital Tokens 3. Cryptocurrency Dealer, and 4. Digital Token Dealer; and is one of Thailand’s first service providers to be approved by the Securities and Exchange Commission (SEC) to operate as a digital token offering system provider (ICO Portal) specializing in asset tokenization and digital token offering.

The Company currently offers 23 cryptocurrencies for trading and provides digital token subscription platform on the primary market, which is an outstanding and comprehensive service.

 

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