SiriHub Token is the first SEC regulated real estate-backed investment token in Thailand that will allow investors to gain stable yields. The underlying asset is Siri Campus, which has steady cash flow generated from a long-term lease agreement with Sansiri Public Company Limited.
The Tokens were initially offered in the primary market by XSpring Digital Company Limited, an ICO portal approved by the Security and Exchange Commission, Thailand (SEC) specializing in asset tokenization, and secondary listed on ERX Company Limited, a licensed digital asset exchange by the Ministry of Finance and regulated by the SEC. SiriHub Tokens are available in 2 tranches: SiriHubA and SiriHubB.
Sirihub A pays an interest of 4.5% and will be repaid in full preferentially after the term of 5y.