fbpx

Stock Exchange of Thailand Partners with Microsoft to Launch Startup Center

Asia Blockchain Review
July 6, 2019

The Stock Exchange of Thailand (SET) has revealed that it is partnering with Microsoft to set up a Virtual Pitching platform. According to a report by the Bangkok Post, the platform will serve as Thailand’s first-ever startup information center open to the general public.

SET’s Blockchain Subsidiary Helms Startup Center

Pongpiti Ektheinchai, Managing Director of Live Fin Corp Co, revealed that 36 startups have submitted their project profiles and investment data for the platform. In total, 100 startups are expected to join the platform by the end of 2019. 

Live Fin Corp Co is a subsidiary of the SET that provides a blockchain-enabled trading platform, as well as carries out crowdfunding initiatives. 

Blockchain-based Platform to Accelerate Startup Fundraising

Pongpiti disclosed that the company is introducing this new platform powered by blockchain technology with the goal of speeding up the process of fundraising for startups. 

He explained that a startup generally needs to factor in 14 to 18 months for fundraising, allowing time to attract investors and for them to seek more information about the business. During this time, the Virtual Pitching platform will help all stakeholders in this process stay connected.

Meanwhile, Manpong Senanarong, SET Senior Executive Vice-President, revealed that the steps for startups to submit information for release on the platform is simple, as the SET merely requires that the companies first register with the Ministry of Commerce’s Department of Business Development.

Source: https://www.bangkokpost.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
G20 Leaders: Crypto Assets Do not Pose a Threat
G20 leaders reaffirmed at the Osaka summit late last month that digital currencies are no threat to ...

July 17, 2019

Thai Business School, Blockchain Advisory Jointly Offer Blockchain Course
NIDA Business School, a leading graduate-level institution in Thailand, is collaborating with a bloc...

July 17, 2019

Blockchain Firm ConsenSys Secures $10M from South Korea’s SK Group
The investment from South Korea’s largest telecom comes as Asia’s fourth largest economy gets more i...

July 17, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us