SIX Network is pleased to announce that SiriHub2, a real estate-backed digital investment token, has selected SIX Protocol as the blockchain infrastructure for issuing digital tokens in this project.

The SiriHub2 project has a total fundraising value of $76,595,300 USD, with XSpring Digital serving as the Digital Token Offering System Provider (ICO portal), approved by the Securities and Exchange Commission of Thailand (SEC).

The issuance of this digital token reflects the developer’s confidence in a blockchain system designed to support enterprise-grade use cases, especially in the digital asset market, where real-world assets are used as backing.

SiriHub2: Real Estate-Backed Token Expands Success With $76 Million Fundraising on SIX Protocol

SiriHub2 is an investment token backed by the SIRI Campus office buildings, with an appraised income-based valuation of over $78.0 million and a fundraising target of $76.9 million. The digital token issuer and project owner collaborated with experts from various fields, including legal, valuation, and licensed digital token offering providers.

Token holders are entitled to returns generated from rental income of the SIRI Campus office buildings, located within the T77 community on Sukhumvit 77, a growing district integrating residential, education, and future business hubs. Returns are distributed quarterly at a fixed rate of 6% per year, with principal repayment at project maturity, along with voting rights related to the project.

SiriHub2: One of the Most Anticipated Investment Token Projects in Thailand’s Capital Market

SiriHub2 is a continuation of the highly successful SiriHub Token. This time, the project also received strong investor interest, successfully selling out all tokens, reflecting overwhelming confidence from the market.

With its high-quality real estate asset, SIRI Campus, located in a prime Sukhumvit-area location, the project has drawn wide attention from investors seeking secure assets with predictable returns.

Beyond being a high-potential real estate project, SiriHub2 serves as an important example of how blockchain technology and Real-World Asset Tokenization (RWA) can be integrated seamlessly with real-world assets. It demonstrates that RWA can now be applied in capital markets and deliver new investment products that are transparent, verifiable, and accessible to a broader group of investors.

SIX Protocol: A Blockchain Network Designed for Enterprise-Scale Projects

SIX Protocol is the blockchain network developed by SIX Network, built specifically to support enterprise-level Real World Asset Tokenization projects. It provides the standards and security required for large-scale initiatives across corporations and institutions, while also meeting regulatory compliance requirements.

SiriHub2 uses SIX Protocol as its blockchain network to record and manage all information related to the issuance and transfer of digital tokens. These processes operate through Smart Contracts designed to ensure transparency, verifiability, and immutability, making it suitable for investment tokens backed by real-world assets.

SIX Protocol also utilizes the Proof of Staked Authority (PoSA) mechanism, where validators are selected based on reliability and capability to maintain the network. This enhances system security and stability, which is crucial for managing high-value enterprise assets.

The SiriHub2 offering was conducted through a licensed ICO Portal in accordance with regulatory requirements, with XSpring Digital serving as the Digital Token Offering System Provider. SIX Protocol was selected as the blockchain network for token issuance due to its capabilities that align with the project’s operational needs.

The Success of SiriHub2 Strengthens SIX Protocol as a Blockchain for RWA Tokenization

SiriHub2 is another high-value digital token project utilizing SIX Protocol as its underlying network. This demonstrates that SIX Protocol meets the standards required for large-scale, legally compliant Tokenization projects, an important factor for enterprises seeking reliability in digital asset initiatives.

This success reinforces confidence among corporations and large organizations considering digital asset development, positioning SIX Protocol as a trusted infrastructure choice. Additionally, the increased value of tokenized assets on SIX Protocol further strengthens the ecosystem’s credibility and attracts interest from other developers, creating a positive growth cycle.

Working with major enterprises and supporting high-value Real-World Asset Tokenization is a strategic direction SIX Network continues to pursue. Increased usage on the network directly benefits SIX Token, the native token used for transaction fees and on-chain activities. The more usage generated, the higher the demand for SIX Token, contributing to sustainable long-term ecosystem growth.