AlphaPoint-Powered Thai Crypto Exchange ERX Receives Regulatory Approval
ERX today announced that it has been granted a Digital Assets exchange license by the Thai SEC for operation in Thailand. Built using AlphaPoint’s white label Digital Asset Exchange software,
ERX’s trading platform launch represents a milestone in Thailand’s blockchain and cryptocurrency landscape, as ERX Digital Assets exchange comes online with full-regulatory approval by state governing bodies. Other exchanges in Thailand have been so far purely dedicated to cryptocurrency trading. ERX differentiates itself by only allowing non-bearer instruments to trade on it.
ERX’s parent company Elevated Returns is a digital asset management company best known for its tokenization of the St. Regis Resort in Aspen, which raised $18 million USD through a security token offering (STO) in 2018, the first of its kind to successfully tokenize a trophy real estate asset.
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