SIX Network Prepares RWA Infrastructure as Thailand Moves Toward Asset Tokenization

Thailand’s blockchain industry is moving seriously toward the development of asset tokenization. Signals are emerging from multiple directions, including businesses bringing more real-world assets onto blockchain, institutional investors showing growing interest, and the Thai blockchain industry becoming more prepared with infrastructure than ever before.

Most recently, during the Thailand Digital Asset Leadership Forum: Road to SEABW, Thailand’s SEC announced a three-year strategy built around three key pillars: driving asset tokenization, unlocking crypto as an asset class, and strengthening regulatory oversight.

Within this roadmap, the first pillar is particularly significant for SIX Network and the future of RWA. It signals that blockchain technology is likely to be increasingly applied to traditional financial assets and various asset classes, including government bonds, equities, debt instruments, and mutual funds. This represents a structural shift in how Thailand is beginning to recognize the value of bringing assets onto blockchain.

The Growing Momentum of RWA in Thailand

The next phase is expected to include legal frameworks covering token issuance, trading, and the use of tokenized assets as collateral. This means the overall value chain of RWA tokenization is beginning to receive formal recognition under Thailand’s regulatory framework.

Another important factor is timing. Over the past two years, global institutional players such as BlackRock, Franklin Templeton, and other major asset managers have already been moving toward tokenizing real-world assets on blockchain. The direction of Thailand’s blockchain industry is now aligning more closely with the same institutional movement taking place globally.

For companies building RWA infrastructure in Thailand, this movement creates greater regulatory clarity and opens opportunities for a broader range of assets to move onto blockchain.

Strongly Aligned With SIX Network’s Tokenization Direction

As many have already seen, SIX Network has been continuously developing RWA infrastructure that is now ready to support asset tokenization.

These components have always been essential for building a functioning RWA ecosystem, including blockchain infrastructure through SIX Protocol and SIX Garage, a platform designed for converting real-world assets into digital assets.

SIX Protocol serves as the core blockchain infrastructure layer and supports regulatory requirements through automated on-chain compliance verification systems, enabling tokenized assets to operate across multiple jurisdictions more efficiently.

SIX Garage functions as a tokenization suite for transforming real-world assets into digital assets through compliance verification, token structure design, token holder registry setup, and blockchain deployment, with support for issuing tokenized financial assets.

Our infrastructure already supports real-world projects operating on SIX Protocol, including:

• KAVALON Token, valued at more than 400 million THB, was developed in collaboration with AssetWise and XSpring Digital, which was fully subscribed during its private placement phase

• SiriHub2, a real estate-backed investment digital token project valued at 2.49 billion THB on SIX Protocol

These projects reflect Thailand’s progress in asset tokenization and demonstrate that the country’s RWA infrastructure is more advanced than much of the market currently realizes.

What to Watch Over the Next 12 Months

As Thailand begins preparing to accelerate RWA tokenization, the next year could bring much clearer developments across regulation, institutional participation, and the introduction of new asset classes on blockchain.

What will matter may not simply be the number of projects entering the market, but the types of assets increasingly moving on-chain, ranging from bonds and private assets to real estate and other financial instruments. This will continue increasing the importance of blockchain infrastructure at the structural level of capital markets.

SIX Network sees this period as a major transition point for the digital asset industry, and the SIX Protocol ecosystem is continuing to evolve to support the long-term growth of institutional-grade assets through scalability, reliability, and infrastructure designed for real-world asset tokenization.