DITTO Launches Blu Green Token, Raises 480 Million Baht
Thailand's first environmental conservation digital token, Blu Green Token, raised 480 million baht in a successful fundraising round backed by carbon credits from mangrove forest preservation, with trading set to begin on Bitkub exchange J
DITTO, in partnership with Token X, has successfully closed a fundraising round for Blu Green Token (BLU), raising 480 million baht against a target of 400 million tokens priced at 1.20 baht each. The offering period ran from July 3–13, 2025, and drew strong demand from institutional investors, individual investors, and major corporations including large food and supply-chain groups.
Blu Green Token is Thailand's first environmental conservation digital token, backed by carbon credits generated from mangrove forest preservation. Following the close of the offering, the token will begin trading on Bitkub digital asset exchange starting July 20, 2025, allowing token holders to buy and sell in the secondary market.
Thakorn Rattanakamolporn, chief executive officer of DITTO (Thailand) Public Company Limited and Siam TC Technology Co., Ltd., noted that the strong response reflects investor confidence in digital assets linked to carbon credits and environmental conservation alongside investment returns. He added that DITTO and its subsidiary view digital tokens as a mechanism to expand investment options while supporting sustainability.
Jittinan Chatsisiaraj, chief executive officer of Token X under SCB X Group, expressed confidence that Blu Green Token represents an important example of integrating real-world assets with digital technology to create new investment opportunities. Token X is preparing to list the token on digital asset exchanges to enhance liquidity and support secondary market trading beginning July 20, 2025.