Assets · Debt security · issued by XSpring Digital
SiriHub2 TokenNew
Thai real-estate-backed investment token on the Siri Campus office building: 249 million tokens at THB 10 (about THB 2.49bn) offered 24 Nov - 1 Dec 2025, paying a fixed 6% a year for three years with principal repaid at the end, from the building's rental income; MFC Asset Management is trustee of the project assets. Maturity below is the three-year term counted from the December 2025 close; the exact redemption date was not published in the sources opened.
- Issued
- Dec 2025
- Matures
- Dec 2028
- Size
- 2,490,000,000 THB
- Coupon
- 6% fixed a year
- Value per token
- 10 THB
Issued through SiriHub2 real-estate-backed investment token (XSpring Digital) Live (limited)
Classification · low confidence
- Legal form
- Debt security from issuance terms
- Underlying
- Real estate
- Value behaviour
- Fixed income · pays income
- Ledger role
- Undisclosed
- Legal labels
- Investment token (real-estate backed) offered through an SEC-approved ICO portal (Thailand)[1]
Underlying is the Siri Campus building and its rental income (asset-backed, so the collateral). The trustee structure (MFC holds the project assets) could instead make it a beneficial interest; see run decision 2026-10-27-leads-3. Thai law classes it as an investment token, not a bond.
Sourced[1]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]XSpring Digital launches SiriHub2 with a fixed 6% return (Thai) — InfoQuest, 24 Nov 2025. Accessed 27 Oct 2026. In Thai; our summary is translated.C
- [2]XSpring closes SiriHub2 Token deal at THB 2,490m, oversubscribed (Thai) — InfoQuest, 3 Dec 2025. Accessed 27 Oct 2026. In Thai; our summary is translated.C