On June 28th, Avantis, a digital asset tokenization platform for land ownership in Thailand, announced the completion of a 100 million baht (approximately US$2.83 million) Series A financing led by J Ventures Company Limited (JVC) and Rende Development Company Limtied.


Avantis said that the new funds will push the company to launch a digital asset tokenization platform called SANGA, which will facilitate the issuance of digital land ownership contracts by converting them into virtual plots or NFTs, and SANGA will expand in the future. In the field of digital banking, it is expected to start in the next 1-2 years.
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