Jirayut Topp Srupsrisopa, Founder and Group CEO of Bitkub Capital Group Holdings Co., Ltd., joined experts at Southeast Asia Blockchain Week 2024 (SEABW 2024) for a compelling panel discussion: “Real World Asset Tokenization: The Next Generation of Markets.” This discussion explored how asset tokenization is poised to transform global financial markets. Alongside renowned industry leaders Eli Cohen (Centrifuge), Jeremy Ng (OpenEden), Jitendra Jaitawat (Helix), and Gerelmaa Georgina Batchuluun (ORDA), Srupsrisopa offered key insights.
While asset tokenization promises significant benefits, Srupsrisopa emphasized the need to navigate complexities in regulatory compliance and standardization as the technology moves toward mainstream adoption. Varying legal frameworks across jurisdictions must be carefully considered by businesses involved in tokenizing assets.
Srupsrisopa further stressed the importance of actively monitoring evolving regulatory landscapes and adapting strategies accordingly. Robust compliance programs and proactive engagement with regulatory authorities are vital for meeting shifting legal obligations.
The lack of industry-wide standards was also highlighted as a potential roadblock. Srupsrisopa believes establishing common guidelines will promote interoperability, reduce friction, and accelerate mainstream adoption.
Finally, Srupsrisopa underscored the potential of tokenization to fuel the growth of Environmental, Social, and Governance (ESG) and sustainable investing. By enhancing transparency and accountability, tokenization empowers investors to align their investments with their values and sustainability objectives.
SEABW 2024‘s focus on real-world asset tokenization highlights blockchain technology’s transformative impact on global markets. The insights shared by Srupsrisopa and his fellow panelists illuminate a path toward innovative solutions that will promote financial inclusion, sustainable practices, and economic empowerment on a worldwide scale.
