Ethereum-based Real Estate Group Receives License Issued By Thai SEC

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The Securities Exchange and Commission of Thailand (SEC) passed a license to an asset-backed token offering service based on the Ethereum blockchain; Fraction, a solely-owned subordinate of the Hong Kong-based fintech firm Fraction Group. This license will allow the group to list and trade tokens for fractional ownership of physical or digital assets, this is called and initial fraction offering (ICO).

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