Avantis has completed a Series A funding of approximately $2.83 million and will launch the digital asset tokenization platform SANGA.
2023-06-28 03:11
Odaily News - Thai real estate investment company Avantis has announced the completion of a 100 million Thai baht (approximately 2.83 million US dollars) Series A financing round led by J Ventures Company Limited (JVC) and Rende Development Company Limited.
Avantis stated that the funds raised in this round will support the launch of their digital asset tokenization platform, SANGA. This platform aims to promote the issuance of digital land ownership contracts by converting them into virtual plots or NFTs. In the second phase, SANGA plans to expand into the digital banking sector and is expected to launch within the next 1-2 years. (Bangkok Post)
Avantis stated that the funds raised in this round will support the launch of their digital asset tokenization platform, SANGA. This platform aims to promote the issuance of digital land ownership contracts by converting them into virtual plots or NFTs. In the second phase, SANGA plans to expand into the digital banking sector and is expected to launch within the next 1-2 years. (Bangkok Post)
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