TechFlow news, October 25 — According to Cointelegraph, Binance Thailand CEO Nirun Fuwattananukul published an opinion piece in The Bangkok Post stating that Thailand's digital asset market is transitioning from retail-driven to institution-led, positioning the country as a fintech hub in Southeast Asia.
Fuwattananukul noted that new regulations proposed on October 9 by Thailand’s Securities and Exchange Commission (SEC) mark a critical step toward maturing the country's crypto market. The rules would allow institutional-grade mutual and private funds to invest in crypto products such as U.S. spot crypto ETFs. He emphasized that this move not only legitimizes Bitcoin but also fosters a mature ecosystem where traditional finance and digital assets coexist.
Furthermore, Fuwattananukul highlighted that real-world asset (RWA) tokenization is emerging as a major trend in Thailand. According to research by Tren Finance, the RWA tokenization sector could grow 50-fold by 2030. Traditional Thai banks are now exploring ways to transform conventional assets such as bonds, real estate, and equities into blockchain-based tradable digital assets.
