DITTO's Blu Green Token Surges 20% in Trading Debut
DITTO's Blu Green Token, Thailand's first environmental token backed by mangrove carbon credits, surged 20% in its trading debut on Bitkub exchange, raising funds to restore over 17,500 rai of coastal forest while supporting local fisheries
On July 20, 2025, Siam TC Technology (SCTC), a subsidiary of DITTO (Thailand) Public Company Limited, began trading its digital investment token "Blu Green Token" on Bitkub exchange. The token opened at 1.30 baht per coin, up 0.10 baht from the offer price of 1.20 baht, and climbed further to 1.44 baht, gaining 20%.
DITTO Chief Executive Thakorn Ratanakamolporn announced that the Blu Green Token is Thailand's first environmental token, backed by carbon credits generated from mangrove forest restoration projects managed by SCTC. The company plans to raise 480 million baht from 400 million tokens to fund planting, replanting, and maintenance of mangroves across 17,531.04 rai of coastal forest registered under Thailand's T-VER carbon credit standards.
To verify carbon credit accumulation, DITTO will deploy advanced technology including drone surveys, artificial intelligence, satellite monitoring, and a Tree Detection App (TDA) to count individual trees and analyze survival rates. The company partnered with the Department of Marine and Coastal Resources to develop expertise in "blue carbon"—carbon sequestered by mangroves, which is nearly 10 times more effective than terrestrial forests.
Beyond carbon credits, the mangrove restoration delivers multiple benefits: it nurseries juvenile seafood species like shrimp, clams, crabs, and fish, supporting traditional fishers; protects shorelines from erosion and storms; maintains biodiversity; and creates local employment in forest management and maintenance. Thakorn emphasized that as climate change intensifies disasters, DITTO's green technology business addresses Thailand's environmental challenges while positioning the company in a new growth sector.
