Start investing with just 500 THB, targeting an average annual return of 10.2%* throughout the project.
InnovestX, a leading force in investment innovation, continues to drive the future of investing forward. In its latest move, the company has partnered with Token X, a licensed ICO portal provider?both subsidiaries of SCBX Group?to unlock new opportunities in digital asset investment. Together, they introduce the Summer Point Token (SUMX), a digital token backed by high-potential real estate: the Summer Point office building, strategically located in the heart of Sukhumvit, directly connected to BTS Phra Khanong. With an impressive occupancy rate of 96%, SUMX offers investors seamless access to real estate-backed investments with just 500 THB. The token is designed to deliver an average annual return of 10.2% throughout the project, along with a principal repayment of 1% every quarter. This initiative reinforces the expansion of Tokenization?transforming real-world assets into digital investment units?ensuring transparency, convenience, and security through blockchain technology. SUMX will be available for subscription via the Token X application from February 24, 2025, at 9:00 AM, until March 14, 2025, at 3:30 PM.
Pichai Lertsupongkit, Chief Commercial Officer of InnovestX Securities Co., Ltd., stated, "In 2024, the U.S. stock market surged by 20-30%, potentially limiting its growth prospects this year. Meanwhile, the Thai stock market continues to face stagnation and persistent net foreign outflows. Additionally, the tax policies under Donald Trump's potential second term (Trump 2.0), which include tariffs of 25% on Mexico and Canada and 10% on China, could heighten global market volatility. These factors make portfolio diversification into new asset classes an attractive opportunity for investors this year. One of the most promising asset classes is digital tokens, a next-generation fundraising tool that has received regulatory support from the Thai SEC.
To address this evolving landscape, InnovestX has partnered with Token X to introduce an exciting new investment opportunity for Thai investors?the 'Summer Point Token (SUMX).' This digital investment token is backed by the Summer Point office building, a prime asset located in the heart of Sukhumvit, directly connected to BTS Phra Khanong and near the Chalong Rat Expressway entrance. Surrounded by key business and lifestyle hubs, the property boasts an impressive occupancy rate of 96%, ensuring stable and recurring rental income. Additionally, Summer Point enjoys a cost advantage with lower rental rates and operating expenses compared to nearby office buildings.
Given these factors, we expect Summer Point Token to generate an Internal Rate of Return (IRR) of up to 10.2%* per year throughout its 25-year project duration, with a quarterly principal repayment of 1%. This structure ensures consistent cash flow for investors. The initial subscription price is set at 0.50 THB per token, representing a discount of approximately 8.8-15.6% compared to the appraised valuation. SUMX is a suitable asset allocation tool for portfolio diversification, with a recommended allocation of 5-10% in digital tokens for long-term investors seeking steady cash flow.
This collaboration marks a significant milestone in expanding access to alternative assets, allowing investors to diversify their portfolios while earning rental income from real estate without the need for direct property management. SUMX offers a seamless investment experience via the Token X application, and soon, investors will be able to trade Summer Point Tokens on the secondary market through the InnovestX application."
Wanrob Boontham, Chief Investment Officer of Token X, a licensed ICO Portal provider approved by the Securities and Exchange Commission (SEC) and a leader in blockchain-based fundraising solutions, stated, "As the developer and manager of the SUMX investment token offering system, Token X has collaborated with The Issuer Co., Ltd., the digital token issuer, and Boutique Corporation Public Company Limited, a well-established real estate investment and management firm, under the oversight of MFC Asset Management Public Company Limited as the trustee.
We are pleased to open the initial subscription for SUMX digital tokens to investors via the Token X application from February 24, 2025, at 9:00 AM, until March 14, 2025, at 3:30 PM. The offering price is set at 0.50 THB per token, with a minimum investment of just 500 THB (equivalent to 1,000 tokens) per transaction. The total number of SUMX tokens offered will not exceed 900 million tokens, representing a total project value of up to 450 million THB, with an investment term of 25 years.
SUMX represents a groundbreaking investment innovation through the process of Tokenization?converting real estate assets into digital investment units using blockchain technology. This allows investors to access high-potential, real estate-backed digital tokens in prime locations with a low initial investment."
Investors interested in SUMX digital tokens can find more details at https://www.innovestx.co.th/promotions/detail/summerpointtoken or contact us via Facebook: InnovestX or call 02-949-1399.
For Token X inquiries, reach out via Facebook: Token X or LineOA @TokenX. Stay updated on Summer Point Token via Facebook: Summer Point Token or visit https://www.summerpointtoken.finance/.